Replies to post #17144 on Iraqi Dinar Discussion Board (IQD)

[Rasica]

Do your homework...722 billion iraqi dinar profits of Al-Rafidein Bank
March 19, 2008

Al-Yasiri pointed out that the bank is about to complete linking its branches with each other and then with the rest of the world's banks, to facilitate the process of transferring the amounts received from the international banks to Iraq and vice versa. He pointed out that the cost of this project agreed upon with the British company "Maes" amounted to $10 million dollars."


He announced that the bank "occupied %70 of the area of banking operations in Iraq and the loans it granted have increased %100." The losses of the bank resulted from the looting during the fall of the former regime in 2003 reached 476 billion iraqi dinar, and its blocked deposits hit $800 million in many States."