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The Governor of the Central Bank chairs the meeting of the Supervisory Committee on the Restructuring Process of Rafidain Bank
August 05, 2024
The Supervisory Committee for the Restructuring of Rafidain Bank met, headed by His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, and attended by the members of the committee from the Ministry of Finance, the advisors to the Prime Minister, and senior staff at the Central Bank of Iraq, in addition to the presence of the global consulting firm (Ernst & Young).
The progress of work on the plan adopted by the government in coordination with the Central Bank was reviewed within the framework of the expanded program to reform the banking sector, improve its performance and services, and achieve financial stability.
The attendees discussed the process of organizing the administrative, financial, and technical structure of Rafidain Bank, to move towards the best global banking practices.
It is worth noting that the aforementioned committee holds a monthly meeting headed by the Prime Minister to present a presentation on the steps taken, monitor the progress of the process, and provide guidance on it.
Central Bank of Iraq
Media Office
August 5, 2024
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