Rafidain: The destruction of 7 billion dinars was in accordance with the instructions of the Central Bank and we are surprised to raise it now
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Rafidain: The destruction of 7 billion dinars was in accordance with the instructions of the Central Bank and we are surprised to raise it now
Rafidain Bank that the destruction of 7 billion dinars was in accordance with the instructions of the Central Bank occurred in 2013 at the time of taking over the former general manager in the name of Kamal al-Hassani and was replaced and replaced at the time.
The bank's Information Office said in a statement that the destruction of the amount of 7 billion dinars came in accordance with the law and instructions of the Central Bank and under the eyes and control of the state control bodies.
He pointed out that "the replacement of damaged and non-usable paper falls under the responsibility of the Central Bank and is continuously taking these steps to maintain the sustainability of the local currency."
He explained that the currency that had sunk would have been replaced even if it did not sink because its age is over.
The statement expressed surprise at the issue at this particular time, especially since the issue has been legally settled since then.
The statement called on the media to be careful and accurate in conveying the incorrect information because of its impact on the performance of the bank and the positive results achieved recently in the provision of banking services for citizens and the launch of the comprehensive electronic banking system.
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