Shafaaq News reports that the Central Bank of Iraq (CBI) has announced its intention to privatize the two largest banks in the country.
It quotes CBI Governor Ali al-Alaq as saying:
“The bank’s management is moving to privatize al-Rafidain and al-Rasheed Banks or participate with the private sector … the move is being coordinated with the World Bank after the Cabinet approved this proposal.”
He explained that “these two banks are suffering from serious problems because they occupy 80% of fiscal policy in Iraq,” describing this as “an anomaly.”
(Source: Shafaaq News)
(Iraqi Dinar image via Shutterstock)
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Iraq to Privatise Govt’s Two Largest Banks: Shafaaq News reports that the Central Bank of Iraq (CBI) has… https://t.co/G2vZVsKqyT #Iraq
Iraq to Privatise Govt’s Two Largest Banks: Shafaaq News reports that the Central Bank of Iraq (CBI) has annou… https://t.co/UKywEK4CGU
#IraqEconomy: Iraq to Privatise Govt’s Two Largest Banks https://t.co/GRmbK3nhEB
Iraq to Privatise Govt’s Two Largest Banks: Shafaaq News reports that the Central Bank of Iraq (CBI) has annou… https://t.co/1hOXj9aQGs
Iraq to Privatise Govt’s Two Largest Banks https://t.co/eHScVlU5vK
#Iraq to Privatise Govt’s Two Largest Banks (al-Rafidain & al-Rasheed )
https://t.co/vgYw3r7aHj
Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer
RT @FailyLukman: Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer
RT @FailyLukman: Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer
RT @FailyLukman: Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer
RT @FailyLukman: Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer
RT @FailyLukman: Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer
#Iraq to Privatise Govt’s Two Largest #Banks
https://t.co/p3ki0jsEc8
RT @FailyLukman: Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer
RT @FailyLukman: Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer
RT @FailyLukman: Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer
RT @FailyLukman: Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer
RT @FailyLukman: Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer
RT @FailyLukman: Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer
RT @FailyLukman: Central Bank of Iraq is working with @WorldBank to privatize al-Rafidain and al-Rasheed Banks https://t.co/sgTRV12zer