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Why is the role of secrecy very important in banking profession?

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Question added by Yusuf Yusuf
Date Posted: 2018/01/11
Ibrahim Abdalla Ibrahim Aljack
by Ibrahim Abdalla Ibrahim Aljack , Financial Manager , Individual Company Car Sales And Purchases for a used car

Because you are protecting the client and is one of the most important conditions in the contract between you and the client

Khalil  Ahmad
by Khalil Ahmad , Senior Functional Consultant Flexcube , JMR Infotech

In Banking Professional secrecy is the most important thing, since customer is keeping his money in bank on trust.If customer's financial matters disclosed then customer will not trust on banks.Breaching of customer's information can leads to serious harm for the customer.Thats why banks cannot disclose any information of customer until any legal obligation imposed.

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