FRANK26: ⏳ “BY AUGUST 31st” – U.S. Pressure on Iraqi Banks Heats Up 💣

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 ⏳ “BY AUGUST 31st” – U.S. Pressure on Iraqi Banks Heats Up 💣 | KTFA / Frank26 Intel (8/10/2025)

🔥 Major reforms. Tough deadlines. And a ticking clock on Iraq’s financial system.


🔑 Key Highlights:

🗓️ Frank26: “BY THE 31ST OF AUGUST”
A deadline looms as U.S. pressure forces banking reform in Iraq—fast.

🇺🇸 Washington Watching Closely

The U.S. is monitoring Iraqi banks under a plan crafted by Oliver Wyman, a major American consulting firm.

🏦 20 Days Left: Comply or Face Liquidation

All Iraqi private banks must choose between two tough options by  August 31:
• Option 1: Increase capital to 400 billion dinars + pay $2.4M per year (4 years)
• Option 2Merge, restructure ownership (only 10% for relatives) + pay $1.3M annually

❌ Failure = Possible Liquidation

Some banks may not comply in time. Liquidation is on the table—but only for bankrupt or sanctioned banks, according to expert Mustafa Hantoush.

🧠 Banking Was Built for Profit, Not Risk

Iraq’s system relied heavily on dollar-based trade, not sound banking practices. Reform is meant to correct this imbalance.

🔄 Possible Extension Coming?

Hantoush suggests the Central Bank might offer flexibility, extending the deadline to end of year or longer.

📉 Why It Matters for RV Watchers:
This reform is tied to the structural foundation of Iraq’s economy—healthy banks = strong dinar. Keep an eye on how many comply and how quickly.


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