For the purposes of the annual inventory, two government banks decide to stop money transfers and credit activities
For the purposes of the annual inventory, two government banks decide to stop money transfers and credit activities
12-20-2023
Information / Baghdad..
Two government banks announced, on Wednesday, the suspension of financial transfers and credit activities, coinciding with the end of the current year.
A statement from the Trade Bank of Iraq received by Al-Maalouma stated that “it was decided to stop financial transfers and credit activities as of Sunday, December 24, 2023, for the purposes of the annual inventory in accordance with the policies and procedures followed annually.”
He added, “The last date for receiving financial transfer requests will be Thursday, December 21, 2023, and the service will resume on Wednesday, January 3, 2024.”
In another announcement, the media office of Rafidain Bank stated in a statement received by “Al-Ma’lamouma” that, “Given the approaching end of the fiscal year and the necessity of conducting the annual inventory, it was decided to stop credit activity of all kinds and not to promote loan applications and other banking services, and promotion and credit activity will resume next year 2024.” “.
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