Rafidain Bank’s digital growth advanced significantly as the institution announced the integration of 81 branches into a core banking system. The bank confirmed that two additional branches, Hudhayfah bin Al-Yaman and the Cabinet Secretariat branch, joined the digital service network. This expansion allows the bank to shift from paper-based operations to streamlined electronic transactions.
Officials stressed that the adoption of the system represents a strategic step for Iraq’s banking sector. The move improves work efficiency, accelerates transaction processing, and strengthens accuracy and transparency across all services.
Rafidain Bank emphasized that the new system aligns with international banking practices. It provides a foundation for enhancing service quality and for developing innovative financial products tailored to customer needs.
According to the bank, customers will experience shorter processing times and fewer errors when using branch services. In addition, they will gain access to secure and flexible digital channels, ensuring smoother day-to-day banking.
Management highlighted that Rafidain Bank digital transformation will directly support Iraq’s wider financial modernization. Officials noted that a modern banking sector is critical for economic stability and for attracting investment.
Industry analysts believe this step will also support financial inclusion. By expanding secure electronic services, Rafidain Bank can reach more citizens who previously relied on traditional banking methods. This helps integrate more people into Iraq’s formal financial system.
The bank’s digital push arrives at a time when Iraq is seeking to diversify its economy and improve service delivery. Enhanced banking operations are expected to strengthen trust between citizens and financial institutions.
Leaders within Rafidain Bank described the upgrade as an essential milestone. They argued that digital banking systems are no longer optional but rather necessary to meet rising customer expectations and global standards.
With Rafidain Bank’s digital integration continuing, the institution plans further development of online services and mobile banking options. These improvements aim to provide customers with greater convenience and wider access to financial tools. The bank concluded that the digital transformation remains central to its long-term vision of modernization and customer empowerment.
