Central Bank of Iraq Launches First Virtual Bank Project

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Central Bank of Iraq Launches First Virtual Bank Project

The primary bank of Iraq (CBI) has introduced the launch of the united states’s first college-primarily based digital banking assignment, with the initial section set to start at Al-Muthanna college.

The undertaking turned into unveiled in the course of the university’s complete exhibition, held alongside the 2d clinical convention on “artificial Intelligence and Labour marketplace requirements,” organised by using the university of administration and Economics in collaboration with Mansoura college (Egypt), the CBI, the Muthanna Chamber of commerce, and the Muthanna Chamber of enterprise.

The digital bank initiative aims to offer students and graduates arms-on revel in in banking operations, making ready skilled personnel to satisfy the needs of Iraq’s monetary sector. The assignment additionally seeks to promote monetary inclusion through encouraging financial establishments to amplify their offerings across all areas of Iraq.