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, 25th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 16 banks took part in its currency auction on Tuesday. A total of $193,754,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 20th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks took part in its currency auction on Thursday. A total of $205,645,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 19th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks took part in its currency auction on Wednesday. A total of $238,219,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 18th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks took part in its currency auction on Tuesday. A total of $192,979,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 13th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 18 banks took part in its currency auction on Thursday. A total of $173,983,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

NASDAQ Launches New Tech for ISX

By John Lee. Nasdaq and the Iraq Stock Exchange (ISX) have announced today the successful on-schedule go-live of the X-stream Trading technology, which replaced the existing Horizon platform. Nasdaq has delivered trading technology to ISX since 2007. The X-stream Trading upgrade provides ISX with a widely deployed high-end, multi-asset trading platform that complies with international […]

Currency Auction Results, 12th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks took part in its currency auction on Wednesday. A total of $208,930,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Iraq Veterans Sue Banks over Terror Financing

By John Lee. A lawsuit has been filed in the US against Barclays, Credit Suisse, HSBC, Royal Bank of Scotland (RBS), and Standard Chartered, seeking to hold them responsible for attacks on the US military because their alleged processing Iranian money that financed the attacks. According to a report from Reuters, the lawsuit, filed by wounded […]

Bank of Baghdad gets New MD

By John Lee. The Bank of Baghdad (BOB) has reportedly announced the appointment of Mr. Faisal Al- Haimus as Managing Director. According to Radio Dijla, Mr. Al -Haimus has over twenty years of banking experience with Standard Chartered, HSBC and Mashreq Bank. (Source: Radio Dijla)