VOICED: Banking on women in Iraq

In Najaf, Iraq, a new bank branch exclusively for women has opened, featuring an all-female staff and clientele. The bank offers savings and current accounts in both Iraqi dinars and dollars, as well as loans for women. Within a week of opening, 50 women had signed up, with expectations of reaching 200 clients within a year. The bank's success is partly due to Najaf's status as a religious and economic hub. The initiative aims to empower women financially while respecting cultural norms. If successful, the bank plans to expand to other Iraqi cities.

What cultural beliefs does the bank respect while promoting financial independence for women?

What are the future plans for the bank if the project is successful?