Baghdad: Rafidain Bank announced today the launch of the 59th installment of its Leadership and Excellence Initiative.

According to National Iraqi News Agency, the bank stated that this installment aims to support small and medium-sized enterprises, with a total amount of one billion Iraqi dinars, benefiting 93 individuals. This initiative is part of ongoing efforts to finance entrepreneurs and young people under the Central Bank of Iraq's initiative.

The bank emphasized that the number of funded projects has reached 5,731 beneficiaries, with the total value of funds granted to date amounting to 72,941,000,000 Iraqi dinars. This reflects the bank's ongoing commitment to supporting entrepreneurial projects that contribute to building the national economy.