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The Guardianship Committee takes over the management of Al-Tayef Bank and prepares to deliver customers' entitlements.

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Witer 1
6/09/2026 | 05:05 PM

The committee of guardianship assigned by the Central Bank of Iraq officially assumed its administrative duties at Al-Tayef Bank today, Sunday, to organize procedures related to customers and complete their rights and financial files.

Al-Tayef Bank stated in a statement received by the Video News Agency that the committee began its work as of September 6, 2026, and is currently preparing a comprehensive plan to fulfill the necessary regulatory requirements.

The bank confirmed its ongoing efforts to protect customers' funds, noting that the handover will take place soon upon completion of all required procedures.