Al-Sudani directs to finalize procedures for developing Rafidain Bank’s work

Al-Sudani directs to finalize procedures for developing Rafidain Bank’s work

2024/07/10

Al-Sudani directs to finalize procedures for developing Rafidain Banks workPrime Minister Mohammed Shia Al-Sudani chaired a special meeting today, Wednesday, to develop the work of government banks, in the presence of representatives of Ernst & Young for Auditing and Financial Consulting.

In a statement from his office, Al-Sudani was briefed on the technical and administrative procedures for the Rafidain Bank development project, which were taken during the period following the signing of the contract with the company specialized in structuring and developing work in the banking sector.

The Prime Minister stressed the “necessity of continuing intensive meetings between the Higher Committee concerned with the project, which includes the Central Bank of Iraq and government banks, and the consulting company, in order to resolve all matters related to developing the work of Rafidain Bank.”

It is noteworthy that the Rafidain Bank development plan includes a comprehensive review and evaluation of the bank’s work, and implementing structural administrative reforms, aiming to provide a package of integrated banking services to citizens and companies, relying on advanced electronic programs, modern technology in all banking transactions, optimal use of human and technical resources, and transition to automated work, which helps the bank’s ability to meet global banking requirements.

alforatnews.iq