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[size=36]The Real Estate Bank decides to extend the implementation of the electronic collection and collection agreement[/size]
Economy | 11:16 - 02/16/2024
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Mawazine News - Baghdad
The management of the Real Estate Bank Council decided, today, Friday, to extend the implementation of the electronic collection and collection agreement.
A statement from the Ministry of Finance, a copy of which it received, stated that “the management of the Real Estate Bank decided, in its last session, to extend the implementation of the electronic collection and collection agreement approved by it.”
The Director General of the Real Estate Bank, Abbas Shehab Al-Jawahiri, said, according to the statement: “Electronic collection will contribute to launching disbursement and disposal, without facing temporary deficits in financial revenues, due to the slowdown that occurs as a result of traditional methods.”
He explained, “The bank is currently working on preparing an electronic database, and moving from manual collection to electronic collection, to facilitate procedures for paying installments for citizens and working to combat financial and administrative corruption, which accompanies traditional collection methods.”
He continued, “This measure comes in implementation of the decisions of the Council of Ministers regarding electronic collection and collection, and the adoption of the shift from cash financial transactions to electronic transactions and collection of funds, through the application of modern electronic systems.”
The management of the Real Estate Bank Council decided, today, Friday, to extend the implementation of the electronic collection and collection agreement.
A statement from the Ministry of Finance, a copy of which it received, stated that “the management of the Real Estate Bank decided, in its last session, to extend the implementation of the electronic collection and collection agreement approved by it.”
The Director General of the Real Estate Bank, Abbas Shehab Al-Jawahiri, said, according to the statement: “Electronic collection will contribute to launching disbursement and disposal, without facing temporary deficits in financial revenues, due to the slowdown that occurs as a result of traditional methods.”
He explained, “The bank is currently working on preparing an electronic database, and moving from manual collection to electronic collection, to facilitate procedures for paying installments for citizens and working to combat financial and administrative corruption, which accompanies traditional collection methods.”
He continued, “This measure comes in implementation of the decisions of the Council of Ministers regarding electronic collection and collection, and the adoption of the shift from cash financial transactions to electronic transactions and collection of funds, through the application of modern electronic systems.”
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