Militia Man – Dinar Guru The CBI can and likely will proceed with a managed REER adjustment independent of the banking sector’s final consolidation. As long as the core system is stable and compliant, which it increasingly is, mergers and compliance are ongoing, not prerequisites that must be 100% complete...Iraq is ready now or very close for the next phase. The CBI can move on a REER when prudent while the sector continues to consolidate in parallel.