Iraqi State head Mohammed S. Al-Sudani led a gathering zeroed in on the change of Iraq’s financial area, especially Rafidain Bank, with delegates from Ernst and Youthful (EY) introducing suggestions.
Key recommendations included refreshing the bank’s lawful status, capital design, and technique to line up with worldwide financial principles. Before requesting final approval from the Council of Ministers, the recommendations will be presented to the Ministerial Council for Economy.
Al-Sudani emphasized that the government’s broader banking reform agenda includes restructuring Rafidain Bank to improve trust and facilitate cooperation with both domestic and foreign investors.