Exclusive: A comprehensive assessment of Iraqi bank management paves the way for anticipated restructuring.
Exclusive: A comprehensive assessment of Iraqi bank management paves the way for anticipated restructuring.
2026-08-15
Shafaq News – Baghdad
An informed source revealed on Saturday that there is a government trend to conduct a comprehensive evaluation of the performance of the administrations of state-owned banks, while exploring the possibility of making administrative changes in a number of banks, due to their “weak” contribution in supporting the government and citizens under the current financial circumstances.
According to the source who spoke to Shafaq News Agency, government banks are facing criticism regarding their limited role in supporting citizens, particularly in providing loans, advances, and banking services that would alleviate the financial burdens on citizens, in addition to supporting economic activity and introducing technologies and electronic systems into their work.
According to the source, there is a need to comprehensively reassess the performance of the managers of government banks, measure the level of development achieved in their institutions, and assess their ability to improve and expand banking services in line with the needs of citizens and the requirements of the current stage.
According to the source, appropriate administrative measures will be taken against those found to be negligent, especially since some government banks still rely heavily on paper procedures, with limited use of electronic systems, in addition to considering changes in departments that have not been able to make a tangible contribution to the performance of banks or develop their services.
He stressed that the next stage requires more effective banking administrations capable of supporting the national economy and enhancing the role of the banking sector in facing financial challenges, through developing services and expanding the scope of loans and advances provided to citizens.
The source concluded that the reassessment of the performance of government banks comes within the framework of seeking to raise the efficiency of government financial institutions and enhance their ability to provide banking services, loans and advances, in a way that contributes to supporting citizens and driving the economy.
shafaq.com
