Economist: Iraqi banks continue to gradually emerge from the impact of US sanctions.
Economist: Iraqi banks continue to gradually emerge from the impact of US sanctions.
8-18-2025
Al-Maalouma/Baghdad..
Economic expert Mustafa Akram Hantoush confirmed that the Iraqi banking system has been experiencing a state of “restriction” for a long time.
In a televised interview followed by Al-Maalouma Agency, Hantoush said, “Iraqi banks are going through a transitional phase from the effects of sanctions towards openness, which requires serious and continuous reforms.”
He pointed out that “Rafidain Bank’s partnership with American companies represents a correct step towards strengthening confidence in the Iraqi financial sector.”
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