"IRAQI CITIZENS OPEN BANK ACCOUNTS FOR THE MONETARY REFORM!!!" BY FRANK26, 12 SEPT

 KTFA

FRANK26: "IRAQI CITIZENS OPEN BANK ACCOUNTS FOR THE MONETARY REFORM!!!"......F26

Barzani to Al-Alaq: The number of registered individuals in the “My Account” banking project has exceeded half a million

9/9/2024

- Baghdad

Kurdistan Regional Government Prime Minister Masrour Barzani confirmed today, Monday, that the number of people registered in the "My Account" project has exceeded half a million individuals.

A statement by the Central Bank, received by "Al-Eqtisad News", stated that "the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, received the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq."
He explained that "during the meeting, the Prime Minister highlighted the reforms achieved in the banking sector in the Kurdistan Region, and touched on the (My Account) banking project, in which the number of registered public sector salary recipients has exceeded half a million individuals so far, as it is expected that the salaries of two hundred thousand newly registered people will be disbursed through (My Account) next month."
He pointed out that "the two sides agreed on the importance of continuing the project, and supporting and following up with the Central Bank."
The Prime Minister of the Region expressed his "thanks to the Governor of the Central Bank for his distinguished support for the (My Account) project, and for the banking reforms in the Regional Government," noting "the growing interest of local and international financial institutions in coordination, cooperation and support for the financial strategy of the Regional Government."
He continued, "The meeting discussed accelerating the achievement of financial inclusion in the Kurdistan Region, as part of the strategic goals of the Central Bank of Iraq and its steps towards digitizing the banking sector."

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Kurdistan Finance: “My Account” Banking System Provides Loans Worth 15 Million Dinars to Employees

9/8/2024

The Minister of Finance and Economy in the Kurdistan Region, Awat Sheikh Janab Nouri, stated on Sunday that the "My Account" banking system will provide advances and loans of no less than 15 million dinars to employees who have deposited their salaries in this account.

The Ministry of Finance and Economy quoted Nouri as saying that the "Hisabi" system is an advanced banking system, adding that most salaried employees are expected to register in this system by the end of this year.

He added that through this system, employees can obtain advances and loans worth 15 million or more.

On Tuesday, September 3, Kurdistan Region Prime Minister Masrour Barzani described the banking system in the region as “more powerful and effective,” while stating that 500,000 public sector workers had been introduced to the “Hisabi” banking system approved by the regional government for the disbursement of salaries and financial dues.

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