AM:10:54:04/05/2025
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Rafidain Bank has stated that it holds over eight trillion dinars in reserves with the Central Bank of Iraq, emphasizing that there are no signs of a liquidity crisis or banking panic.
In a statement issued today, the bank confirmed its strong financial position and assured the public that it does not face any significant debts. The Iraqi Ministry of Finance also dismissed rumors about potential cash shortages for salaries, clarifying that the funds held in Rafidain and Rashid Banks are not citizen deposits but are part of the ministry's account.