Rafidain Bank proceed to sell the dollar in Baghdad and all the provinces

by **Ponee** Tue Apr 05, 2016 10:28 am

Publishing Date: Tue, 05 Apr 2016 10:54:23 a.m. | Views: 92

Bgdad_abar today

Rafidain Bank announced on Tuesday for the bank to sell the dollar directly through its branches in Baghdad and the provinces, while confirming that the selling price will be as specified by the Central Bank of Iraq.

The general director of the bank on behalf Kamal al-Hassani in a press statement received by the agency news today, said that "the bank and after receiving the approval of the Ministry of Finance and the Central Bank of Iraq will begin to sell the dollar to citizens through its branches in Baghdad and the provinces and resources of self."

He said al-Hassani said "The price set for the sale of dollar project was determined according to the price set by the Central Bank of Iraq."

The Union of Arab Banks revealed on Sunday (January 24, 2016), the possession of Rafidain Bank "largest" financial stocks in the region and the Arab world with total assets of $ 210 billion, and stressed that Iraq does not need the money in order to stimulate economic and banking sector, while pointing out the need to develop human resources and banking work in Iraq.

The Rafidain Bank, a State-owned banks in Iraq, was founded in the forties of the century and has more than 146 branches in Iraq and more than eight branches in Arab countries.

http://today-news.org/news.php?NewsID=21555