Opening new branches of Rafidain and Rashid Banks in Sulaymaniyah
10/26/2024
Sulaymaniyah
An informed source revealed, today, Saturday (October 26, 2024), that new branches of Rafidain and Rashid Banks will be opened in Sulaymaniyah Governorate during the coming week.
The source said in an interview with "Baghdad Today" that "approval was given to open branches of Rafidain and Rashid Banks in Sulaymaniyah Governorate," indicating that "the location was chosen in the middle of 60th Street in the city."
He added, "A branch of the Trade Bank of Iraq will be opened in Halabja Governorate, and branches of the Trade Bank of Iraq will be opened in the areas of Garmian and Raparin, with the aim of increasing the salary settlement centers in the federal banks, as a result of the great momentum in the bank's branch in Sulaymaniyah."
An informed source reported on Thursday (October 24, 2024) that the offices of the “My Account” project affiliated with the Kurdistan Regional Government in the city of Sulaymaniyah were closed, and that applications for settlement were limited to the Trade Bank of Iraq affiliated with the federal government.
The source said in an interview with "Baghdad Today" that "the decision was issued by the President of the Patriotic Union of Kurdistan, Pavel Talabani, more than 10 days ago, but now it has been implemented."
He added, “The application is currently exclusively at the Trade Bank of Iraq, and there is a large number of employees to localize their salaries. There is only one branch in Majidi Mall, and there are demands to open other branches of the bank, And also to open branches of Rafidain and Rashid, to localize all salaries.”
Before that, the representative of the Patriotic Union of Kurdistan, Gharib Ahmed, rejected the project of localizing salaries in the region, indicating that this decision came based on the directives of the party’s leader, Pavel Talabani, and in compliance with the decision of the Federal Court, which stipulates that salaries be localized in federal banks exclusively.
Speaking to Baghdad Today Agency on Monday (October 7, 2024), Ahmed explained that “localizing salaries in an accounting project will harm the interests of employees in the region,” stressing that “the optimal solution is to localize salaries in federal banks only, which ensures that salaries are paid on a monthly basis as is the case in the rest of the Iraqi governorates.”
On February 21, the Federal Court decided to “oblige Prime Minister Mohammed Shia al-Sudani and the President of the Kurdistan Regional Government, Masrour Barzani, to localize the salaries of Kurdistan Region employees at outlets spread across the region or banks open and licensed by the Central Bank of Iraq, and to deduct them from the region’s budget for this year and the coming years.”
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