MyAccount initiative registers 600,000 civil servants
The initiative aims to ensure that one million civil servants have their own bank accounts, and around 1,000 ATMs will be available across the region.
ERBIL (Kurdistan24) – In less than a year, the Kurdistan Regional Government’s (KRG) MyAccount initiative has successfully registered 600,000 civil servants across the provinces of Sulaimani, Erbil, and Duhok, according to an announcement made on Thursday. The initiative also reported the installation of over 250 ATMs throughout the Kurdistan Region, with plans to significantly expand this number.
The initiative aims to ensure that one million civil servants have their own bank accounts, and around 1,000 ATMs will be available across the region. The MyAccount initiative is part of the KRG's broader financial inclusion efforts to streamline salary payments and improve financial accessibility for public sector employees.
The Department of Information Technology (DIT) developed and implemented a secure application for onboarding civil servants in compliance with the Central Bank of Iraq's Know-Your-Customer (KYC) requirements, according to a press release shared with Kurdistan24.
Eight banks have joined the program, including BBAC, Cihan Bank, RT Bank, Bank of Baghdad, Iraqi Islamic Bank, National Bank of Iraq, Trade Bank of Iraq, and the International Development Bank.
Designed to offer civil servants a safe and convenient way to access their salaries, the MyAccount initiative underscores the KRG’s commitment to improving financial services for public sector workers.