KTFA
FRANK26: Source: Banking activity in Iraq has stopped
7/1/2025
Baghdad/Erbil
An informed source reported that banking activity will be suspended on Tuesday due to the semi-annual inventory procedures.
The source told Shafaq News Agency, "Banking activity will cease as a result of the implementation of the semi-annual accounts and budgets, and therefore, there will be no customer reception today."
He added, "Banks will open their doors and resume operations tomorrow, Wednesday," expecting that "the disbursement of retirees' salaries scheduled for today will be postponed until tomorrow, Wednesday."
