Economy Update - Baghdad The Governor of the Central Bank of Iraq, Ali Al-Alaq, has announced a significant transition towards smart banking platforms incorporating artificial intelligence. This marks a pivotal
CITI Bank International Honors Iraqi National Bank with The Excellence Award The Iraqi National Bank has been awarded "The Excellence Award" by CITI Bank International in recognition of its outstanding
Economy Update - Baghdad The Central Bank of Iraq has announced an increase in the ratio of total cash credit to total bank deposits for institutions operating within the country.
Central Bank of Iraq Reports 5.4% Increase in Banking Sector Loans The Central Bank of Iraq has announced a significant development in the country’s banking sector. In a report released
Economy News - Follow-up The Ordinary General Assembly of Faisal Al-Masry Bank has ratified a 5% increase in the issued and paid-up capital, raising it to 637.8 million shares. This
Iraqi Central Bank Reports Significant Increase in US Dollar Sales In a marked increase, the Iraqi Central Bank reported total sales of US dollars during last week’s auction reaching approximately
Iraq's Position Among Arab Countries in Bank Card Accessibility Overview of Bank Card Usage in Iraq Iraq's economic landscape is notable for its expanding financial services sector, particularly concerning the
Economy Update - Baghdad On Wednesday, the Parliamentary Finance Committee underscored its commitment to bolstering the banking system in Iraq by enacting supportive legislation, acknowledging the rapid advancement of digital
Central Bank of Iraq Increases Electronic Card Fees, Eliciting Economic Concerns The Central Bank of Iraq announced on Thursday an increase in fees associated with the issuance of electronic payment
Launch of New Banking Products to Drive Development and Financial Inclusion in Iraq Overview The Iraqi government, led by Prime Minister Mohammed Shia Sudani, is set to elevate its financial