Archive | Iraq Banking & Finance News

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

Germany Supporting Financial Reform in Iraq

By John Lee. Discussions have taken place on launching the second phase of the Financial Reform Support Programme in Iraq. The meeting was held at the Ministry of Finance under the chairmanship of Minister of Finance Taif Sami Mohammed, with a delegation from the German Agency for International Cooperation (GIZ) and a representative of the […]

Iraq Reviews Measures to Improve Sovereign Credit Rating

By John Lee. Iraq's national team and technical committee for sovereign credit ratings have held a joint meeting to discuss mechanisms for improving the country's sovereign and credit rating. The meeting was chaired by the Governor of the Central Bank of Iraq (CBI), Ali Mohsen Al-Alaq, and attended by the Prime Minister's adviser and head […]

One Year of Trump: Iraqi Dinar Speculators Still Waiting

By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. One Year of Trump: Iraqi Dinar Speculators Still Waiting for a Miracle That Will Never Come As Donald Trump marks his first anniversary back in the White House on 20th January, one group […]

US-Iraq talks address Money Laundering, Fraud ...

By John Lee. The United States and Iraq have held discussions focused on banking reform, financial compliance, and measures to counter illicit financial activity. According to a statement by the United States Special Envoy to Iraq, Mark Savaya, the talks involved the U.S. Department of the Treasury and the Office of Foreign Assets Control (OFAC), […]

Iraq's Public Debt Management Reviewed with Oliver Wyman

By John Lee. Iraq's public debt management, covering both domestic and external obligations, was reviewed at a meeting focused on financial organisation, scheduling and reform priorities, with the participation of Oliver Wyman, the global financial advisory firm. The meeting examined detailed plans and programmes for managing public debt, including prioritised financial treatments and reform pathways […]

Top 10 Dinar Articles from December

The following were the ten most read dinar-related articles on Iraq Business News for the month of December: CBI on Banking Reform, "Digital Dinar", Dollar Transactions Iraqi Central Bank Reduces Supply of Dinars 10 Things the CBI Said About the Iraqi Dinar in 2025 CBI Training on Detection of Counterfeit Dinars CBI Chief on the […]

2026: The Year Iraqi Dinar Speculators Finally Strike Gold?

By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will 2026 Be the Year Iraqi Dinar Speculators Finally Strike Gold? For nearly two decades, a peculiar investment subculture has persisted in the shadows of global finance: Iraqi Dinar speculation. Thousands of hopeful […]

8 Things the IMF Said About Iraq and the Dinar in 2025

8 things the IMF said about Iraq and the dinar in 2025 1. March 12: IMF Discusses Strengthening Iraqi Dinar Iraq's delegation concluded its meetings with the International Monetary Fund (IMF) in Amman (February 24-26), with participants including Minister of Finance Taif Sami and the Governor of the Central Bank of Iraq (CBI). Discussions included […]

10 Things the CBI Said About the Iraqi Dinar in 2025

10 Things the Central Bank of Iraq (CBI) Said About the Iraqi Dinar (IQD) in 2025 1. February 19: CBI's Dollar Distribution System Among World's Most Monitored Following meetings with the US Treasury and Federal Reserve in Dubai, the CBI reported recognition of Iraq's US dollar distribution system as one of the most monitored and […]

Bank Credit Grows 1.88% in Q3 2025

By John Lee. The Central Bank of Iraq (CBI) reported that total bank credit extended by operating banks increased by 1.88 percent in the third quarter of 2025, reaching 73,942 billion Iraqi dinars (approximately $56.5 billion). This was up from 72,578 billion Iraqi dinars (approximately $55.5 billion) in the same period of 2024. (Source: Central […]

Retail E-Payments via Local Cards Rise in Q3 2025

By John Lee. The Central Bank of Iraq (CBI) reported that retail electronic payments using local cards increased in the third quarter of 2025 to 2,984,232 million Iraqi dinars (approximately $2.28 billion), up from 2,111,296 million Iraqi dinars (approximately $1.61 billion) in the same period of 2024. The bank noted that this growth supports financial […]