Progress on Restructuring of Iraq’s Rafidain Bank

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Progress-on-Restructuring-of-Iraqs-Rafidain-Bank
Progress-on-Restructuring-of-Iraqs-Rafidain-Bank

Ali Mohsen Al-Alaq, the Governor of the Central Bank of Iraq (CBI), oversaw a conference of the supervisory committee on the reorganizing of the state-owned Rafidain Bank.

Among those present were committee members from the Ministry of Finance, advisers to the Prime Minister, top Central Bank officials, and Ernst & Young personnel.

Comprising the National Bank, the conference investigated developments on the public authority’s arrangement, with an eye toward changing the financial area, further development of execution and administrations, and monetary dependability.

Discussed were authoritative, financial, and specialist rebuilding in keeping with global financial accepted practices. The monthly committee meetings, designed to provide direction and track development, are chaired by the Prime Minister.

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