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Samson: KHAS … AL-RAFIDAIN BANK LEAVES THE SEVENTH ITEM

18th February, 2021

Al-Rafidain Bank announced today, Thursday, that it has withdrawn from Article Seven that was previously imposed on it.

The director of Al-Rafidain Bank, Hussein Ali Al-Zubaidi, revealed in a statement singled out by the “National News Center” “about the fulfillment of the requirements for the exit of the Rafidain Bank from the UN decision of Chapter Seven.

Al-Zubaidi explained that “the exit decision came after fulfilling all the bank’s financial obligations to international financial institutions.”

He favored “his bank obtaining large bank credits after this decision, especially the foreign dealings of state institutions and departments.”  LINK