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Podcast: My FX Buddies
Episode: 💸 Iraqi Banks Frozen in Time From Lenders to “Trustless Piggy Banks
Description: Iraq’s banking system is facing a deep credibility crisis.link to My FX Buddies Blog Major state-owned banks like Rafidain are halting loans, reverting to paper-based systems, and sidelining automation — a major step backward for a country striving toward financial reform and digital transformation.Financial experts warn that without modernization, transparency, and electronic integration, Iraqi banks risk becoming obsolete — “piggy banks without trust.”Support My FX Buddies:https://cash.app/$tishwash.... https://paypal.me/tishwash... a FREE transcript at:https://rss.com/podcasts/myfxbuddies...This video explores:Why loans and advances have been suspendedThe impact of favoritism and manual systemsThe Central Bank’s stalled automation plansHow Iraq compares globally in the S&P Banking Risk IndexThe urgent reforms needed to restore trust and progress🎧 Listen as we break down what’s behind this f...