From Shafaq. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.
Liquidity shortfall freezes lending at Iraq’s state banks
Government lending programs remained suspended on Thursday as Iraq’s state-owned banks, most notably Rafidain Bank and Rasheed Bank, continued to halt advances and loans due to declining liquidity and the absence of clear credit planning, a well-informed source told Shafaq News.
