By John Lee. In a move to enhance the investment sector and align with the directives of the Ministry of Finance, Rafidain Bank has announced the issuance of the third series of reconstruction bonds for amounts of 500,000 and 1,000,000 Iraqi dinars. The bonds carry an annual interest rate of 6% and 8% for two
Restructuring Rafidain Bank: Iraqi PM Meets Ernst & Young menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has presided over a meeting with representatives from Ernst & Young (EY), specializing in auditing and financial consulting. The preliminary draft of the company's plan for restructuring the state-owned Rafidain Bank was discussed. According to a statement from the Prime Minister's office, he emphasized the need
By John Lee. Qi Card has announced the inclusion of all holders of Rafidain Bank cards in the Western Union money transfer service. Director Ali Hussein Mun'im said the decision was made in order to serve a broader segment of the public. Qi Card was established in 2007 as a joint venture between the private
Linklaters’ New York office began the week with the hire of a six-lawyer M&A team from Shearman & Sterling, led by Legal 500 Hall of Famer, George Casey.