Tag Archives | Rafideen

Private Banks Perform Better Than State-Owned – CBI

The Central Bank of Iraq (CBI) said on Friday that the performance of private banks is better than the performance of state-owned banks, indicating that the lack of restrictions and bureaucracy in private banks gave them a competitive advantage. Muzher Mouhammed Saleh, the chancellor of the CBI, told AKnews: “The future in Iraq will be […]

The remarkable survival of Rafideen Bank

The Manager of Rafideen bank, Alyasiry, said Wednesday that the bank has overcome a recommendation by a foreign company to sell or privatize the bank. The company was called in to evaluate the bank’s  financial situation after 2003. He says that the bank is working on completing the rules of comprehensive electronic exchange which would […]