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Central Bank of Iraq directed Iraqi Banks to provide Mobile Phone Banking Services

Central Bank of Iraq directed Iraqi Banks to provide Mobile Phone Banking Services

On Monday, the Iraqi Central Bank has directed all banks operating in Iraqi to provide services via mobile phone. The CBI said in a statement that the Bank has directed all licensed banks to provide mobile banking in light of the bank’s strategy to achieve financial inclusion. It will improve digital banking services and modern technologies in order to ensure these services are easily accessible to various segments of society. The statement also said this service ensures the facilitation of…

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