Archive | Iraq Banking & Finance News

Iraq Business News brings you the latest Iraq banking & finance news, with information on developments and opportunities.

Currency Auction Results, 23rd May

By John Lee. The Central Bank of Iraq (CBI) has reported that 40 banks and 10 remittance companies took part in its currency auction on Tuesday. A total of $154,598,421 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Saudi Arabia, Iraq discuss Economic Cooperation

Prime Minister Haider Al-Abadi received the Saudi Arabian Minister of Energy, Industry and Mineral Resources, Khalid bin Abdul Aziz al-Faleh, and his accompanying delegation in his office on Monday. During the meeting, they discussed boosting cooperation in the oil sector, industry, petrochemicals, electricity, minerals, trade and banks, as well as reviewed cooperation to support OPEC […]

Currency Auction Results, 18th May

By John Lee. The Central Bank of Iraq (CBI) has reported that 38 banks and 10 remittance companies took part in its currency auction on Thursday. A total of $153,858,635 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

In Anbar, Loans For Reconstruction – But Nobody May Apply

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A state bank is offering Anbar residents whose homes were damaged in fighting against the Islamic State interest-free loans for reconstruction. Only problem is hardly anyone is eligible to apply. […]

Currency Auction Results, 18th May

By John Lee. The Central Bank of Iraq (CBI) has reported that 37 banks and 11 remittance companies took part in its currency auction on Thursday. A total of $159,547,157 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 17th May

By John Lee. The Central Bank of Iraq (CBI) has reported that 36 banks and 11 remittance companies took part in its currency auction on Wednesday. A total of $159,812,043 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 16th May

By John Lee. The Central Bank of Iraq (CBI) has reported that 38 banks and 11 remittance companies took part in its currency auction on Tuesday. A total of $ 169,606,710 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 15th May

By John Lee. The Central Bank of Iraq (CBI) has reported that 37 banks and 11 remittance companies took part in its currency auction on Monday. A total of $ 152,394,917 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 11th May

By John Lee. The Central Bank of Iraq (CBI) has reported that 36 banks and 11 remittance companies took part in its currency auction on Thursday. A total of $ 158,948,706 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 10th May

By John Lee. The Central Bank of Iraq (CBI) has reported that 38 banks and 11 remittance companies took part in its currency auction on Wednesday. A total of $ 159,612,263 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 9th May

By John Lee. The Central Bank of Iraq (CBI) has reported that 40 banks and 11 remittance companies took part in its currency auction on Tuesday. A total of $159,615,853 sold at a price of 1184 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)