Tuesday, January 14, 2025

Cabinet approves establishment of new bank, 14 JAN

 Cabinet approves establishment of new bank

Fourth – Baghdad

Today, Monday, the Council of Ministers approved the establishment of a new bank in the form of a joint-stock company.

Al-Sudani’s office stated in a statement received by (Al-Rabia), that “within the banking reform procedures, the Council of Ministers approved in today’s session the following:

1. Establishing a new joint-stock bank that relies on the latest technologies, and aims to be a partner with companies and businessmen, whether inside or outside Iraq, and to provide financial and banking services to individuals through an integrated digital experience, and to be a leading bank at the regional level…

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