💥 A Banking Disaster: 10 Iraqi Banks Under the Guillotine!

💥 A Banking Disaster: 10 Iraqi Banks Under the Guillotine!

(Highlights – August 13, 2025)
Source: Al-Mustaqillah

⚠️ Key Highlights:

• 🔻 10 Banks Liquidated:
  Iraq’s Central Bank Governor Ali Al-Alaq announced that 10 Iraqi banks are being liquidated after failing to return customer deposits.

• Read also: 🔥 “$4.22 IQD Rate Confirmed – RV Tears, Tariffs & Tomorrow’s Big Move!”
  💸 Trust Crisis:
  A staggering 80% of Iraqi currency remains outside the banking system, showing deep public distrust in financial institutions.

• 🇺🇸 U.S. Pressure & Sanctions:
  The liquidation isn't just internal reform—it’s happening under heavy U.S. sanctions for illegal financial transfers , choking these banks' operations.

• 📉 Systemic Collapse?:
  Only 10% of Iraqi banks are aligned with the Central Bank's 2025 reform plan.
  The rest may face closure or collapse, raising alarm about a wider banking crisis.

• ⚖️ Who’s Responsible?
  Is this the result of external sanctions or decades of corruption and mismanagement?
  Either way, depositors may pay the ultimate price.

• 🏦 “Cruel Selection” Begins:
  Iraq’s banking sector now enters a survival phase: modernize or be eliminated.

📲 Follow Us for More Breaking Updates:

• BLOG: https://dinarevaluation.blogspot.com/

• TELEGRAM: https://t.me/DINAREVALUATION

• FACEBOOK: https://www.facebook.com/profile.php?id=100064023274131

• TWITTER/X: https://x.com/DinaresGurus

• YOUTUBE: https://www.youtube.com/@DINARREVALUATION