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The International Islamic Bank launches the documentary credit service for the government sector
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Economy News-Baghdad
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Added 01/28/2023 - 12:31 PM
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Economy News-Baghdad
On Saturday, the Managing Director of the International Islamic Bank, Suha Al-Kafai, announced the launch of the documentary credits service for the government sector.
Al-Kafai said in a statement, "The International Islamic Bank has started providing the service of documentary credits with a package of electronic banking services and electronic collection for the government sector, according to the conditions and controls, and its implementation of international standards, and according to the approval of the Central Bank of Iraq."
She added, "These services will achieve great, distinguished and qualitative achievements. For the first time, electronic control and oversight and electronic auditing of government balances via computer and in real time."
Al-Kafaei pointed out that "the new procedures will promote speed, accuracy, security, access to government balances, and the arrival of an SMS message for each withdrawal and deposit with the financial department."
Views 49
Added 01/28/2023 - 12:31 PM
Updated
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