Rafidain Bank announces the addition of 20 of its branches to the anti-money laundering system.
Rafidain Bank announces the addition of 20 of its branches to the anti-money laundering system.
2025-11-16
Shafaq News – Baghdad
On Sunday, the Iraqi state-owned Rafidain Bank announced that 14 new branches have joined the Anti-Money Laundering (AML) system, bringing the total number of branches operating according to the latest approved regulatory standards to 20.
According to a statement issued by the bank, this development comes within the bank’s strategy to raise the level of financial security, enhance integrity and transparency in daily transactions, and build a banking environment that is in line with national and international compliance requirements.
The bank confirmed in its statement that bringing these branches into the advanced system represents a qualitative step that enhances the ability to monitor financial transactions and reduce any suspicious activities, thus supporting the state’s efforts to protect the financial system and preserve citizens’ money.
shafaq.com
