In a move to stimulate the economy and facilitate services for citizens, Iraqi Finance Minister Falih Sari directed Rafidain Bank to resume issuing loans to employees and financing private sector projects during a key meeting with bank officials.
The Finance Minister visited Rafidain Bank, the largest state-owned bank in the country. During a meeting with the Director General and bank officials, the digitization of all banking operations was discussed to simplify processes for citizens. In the meeting, he instructed Rafidain Bank to resume employee loans and fund private sector projects, noting that this step will drive economic growth and recovery.
Regarding the role of banks, Falih Sari told Ava Media: "Rafidain Bank plays a major role in the government banking system and economic activity, and its operations must reflect this level of importance. Necessary facilitations must also be provided for granting loans to the private sector."
As part of his visit, the Finance Minister opened a special section dedicated to business owners and merchants within Rafidain Bank. This new department aims to offer greater conveniences and specialized services to streamline their transactions and accelerate the investment process in the country.


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