Prime Minister Mohammed Shia Al-Sudani, on Thursday, the progress of work on the project of restructuring Al-Rashid and Rafidain banks and its entry into force soon
The Sudanese media office said in a statement received by {Al-Furat News}, that “the latter is a special meeting to discuss the development of the work of government banks, in the presence of representatives of Ernst and Young Auditing and Financial Consulting Company.”
He reviewed the plan of the restructuring of Al-Rasheed and Rafidain Banks, and the technical and administrative procedures related to the project, which include a comprehensive review and structural administrative reforms in order to provide integrated banking services to citizens and companies.
The Prime Minister explained that “the percentage of completion of the project for the structuring of Rafidain Bank has reached its final stages, stressing its entry into force during the next few period, within the framework of a plan that has been studied and implemented according to the standards and parameters drawn down.”
Al-Sudani added that “government banks with their current structures are not able to open up and address problems, and therefore they have been restructured in a way that ensures the availability of all possibilities and openness with modern international technical specifications.”
https://alforatnews.iq/news/السوداني-يؤكد-تقدم-العمل-في-مشروع-إعادة-هيكلة-مصرفي-الرشيد-والرافدين
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