International Development Bank Rejects US Treasury Accusations and Affirms Financial Stability

mniraq - The management of the International Development Bank for Investment and Finance has issued an official statement commenting on the decision issued against it by the US Department of the Treasury, affirming its categorical rejection of the incoming accusations and stressing the robustness of its financial position and full commitment to protecting depositors' rights. The bank stated that it is dealing with the US Treasury decision with the highest degree of seriousness, responsibility, and transparency, noting that it has keenness over its years of operation to build a sound banking institution operating under the supervision and control of the Central Bank and in accordance with approved compliance standards. It added, rejecting the claims, that providing necessary facts and documents through official and legal channels is sufficient to correct this perception. It reassured its clients that depositors' funds are completely safe, and work is being done in direct coordination with the Central Bank to ensure service continuity and manage liquidity responsibly.