Baghdad: Rafidain Bank has announced the successful recovery of 11,072,184,954 Iraqi dinars in non-performing loans during October, as part of its strategic collection program. The program, which includes stringent monitoring and oversight procedures across all bank branches, reflects the bank’s commitment to financial discipline and public fund protection.

According to National Iraqi News Agency, the bank has stated that its dedicated collection teams are actively executing plans to reclaim outstanding debts in compliance with existing laws. The bank also provides opportunities for amicable settlements with debtors before pursuing legal measures, aiming to ensure a balanced approach in debt recovery.

The bank has reiterated its dedication to enhancing loan management efficiency and improving collection metrics across Baghdad and other provinces, signaling a strong focus on financial stability and resource management.