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Rafidain Bank: 88% of the settlement of debts and strive to open up to the world
Qurtas News / Baghdad
Administration revealed Rafidain Bank government, on Thursday, said more than 88% of the debt has been settled, and indicated it is seeking to open up the outside.
The general director of the bank on behalf of Kamal al-Hassani's "Ply News", that "the bank has gone through difficult during the years after 2003 because of the lack of clarity of the money that went out and deposited in other banks, as well as the true values of depositors and all this falls in the category of debt with the management of the bank , "pointing out that" the bank and the effort by his staff dense able to settle more than 88% of its debts. "
Hasani added that "the settlement enabled the bank to know the actual data values relating to the financial budget of the bank, which draws on the track plans for the implementation of projects and the launch of the loans, as well as other financial dealings."
The al-Hassani said that "the bank and after the great development that has plunged the branches and his administration and Mlakath now trying to open up to the outside world largely through opening more branches in the Arab countries and the world, especially with the near completion of the completion of the project (MasterCard) in the bank in collaboration with the company's global for the smart card, which will enable the bank and its branches to deal smoothly and evolution in all countries of the world. "
The Rafidain Bank 161 branches in Iraq in addition to the 7 overseas branches in Cairo, Beirut, Abu Dhabi, Bahrain, Sana'a, Amman, Jabal Amman.
Rafidain Bank was established under Law No. (33) for the year 1941 and started operations in 19/05/1941 paid up capital of 50 fifty thousand dinars at the time.
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