Sidakan bank nears completion, enhancing banking services
The KRG has made significant strides in banking reforms, including the banking of salaries and digitizing the banking system, further advancing financial services in the region.
ERBIL (Kurdistan24) – The banking system in the Kurdistan Region has seen significant improvements under the ninth cabinet, with ongoing efforts to build advanced banking infrastructure in the Sidakan district of the Soran Independent Administration.
The new Sidakan Bank, which is being constructed at a cost of 1.4 billion dinars, is 95% complete. This development aims to strengthen the region's banking system and provide greater convenience to local citizens.
Ihsan Chalabi, the mayor of Sidakan district, highlighted the bank's importance to the media and information office of the Kurdistan Regional Government (KRG).
"The completion of the bank will provide a great service to the citizens of the district and save them a lot of time and expenses," Chalabi stated.
Local residents expressed their anticipation, noting that the new bank will eliminate the need for long journeys to Soran and Erbil to complete their transactions. "The bank will be very useful for us," some residents said.
The KRG has made significant strides in banking reforms, including the banking of salaries and digitizing the banking system, further advancing financial services in the region.