Al-Rafidain: The value of the funds granted within the Riyada initiative amounted to approximately 64 billion dinars.

Date 14/1/2026

Al-Rafidain Bank announced today, Wednesday, the launch of the (50) batch of the Leadership and Excellence Initiative to support small and medium enterprises, with a total amount of one billion Iraqi dinars and a number of 82 beneficiaries.
The bank stated that "this payment comes as a continuation of efforts to finance entrepreneurs and youth within the Central Bank of Iraq's initiative, as the number of financed restrictions reached 4,976 beneficiaries and the total value of the amounts granted so far reached 63,941,000,000 billion Iraqi dinars, which reflects the bank's commitment to supporting entrepreneurial projects that contribute to building the national economy."