Iraq Business News brings you the latest Iraq banking & finance news, with information on developments and opportunities.
By John Lee. The Central Bank of Iraq (CBI) has announced public tender No. 2025/4 for the provision of transport services for staff of its Mosul branch. The contract covers the operation of 18 vehicles on internal and external transport routes, both within and outside the governorate, in line with the bank's standard non-consultancy services […]
By John Lee. The European Bank for Reconstruction and Developmen (EBRD) has launched its first-ever investment in Iraq, providing a US$100 million trade finance facility to the National Bank of Iraq (NBI), the country's largest private bank. The facility, extended under the EBRD's Trade Facilitation Programme (TFP), will support Iraq's import and export activity by enabling […]
By John Lee. The Central Bank of Iraq (CBI) reported a 5.5 percent decline in currency issued during the third quarter of 2025, falling to 99,681 billion Iraqi dinars (approximately $76.1 billion) from 104,127 billion Iraqi dinars (approximately $79.5 billion) in the same period of 2024. The bank said that a reduction in currency in […]
By John Lee. The Central Bank of Iraq (CBI) reported that the value of its gold reserves increased in the third quarter of 2025, rising to 27,552 billion Iraqi dinars (approximately $21.0 billion), up from 16,817 billion Iraqi dinars (approximately $12.8 billion) in the same quarter of 2024. This represents an increase of 64 percent. […]
By John Lee. Iraq has taken initial steps towards establishing a comprehensive regulatory framework for virtual and digital assets, aligned with international best practices. The first meeting of the National High Committee for the Regulation of Virtual Assets was held in Baghdad at the Central Bank of Iraq (CBI), bringing together senior representatives from regulatory, […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq imported 50 tons of gold in 2025 amid global surge in demand Iraq has imported nearly 50 tons of gold so far in 2025, an official from the federal planning ministry said, noting […]
By John Lee. Iraq's financial authorities have stressed that developing domestic financial markets is a strategic priority to support economic resilience, investment and long-term growth. At a conference in Baghdad on the future of Iraq's financial markets, Ali Mohsen Al-Allaq, Governor of the Central Bank of Iraq (CBI) said rapid global financial and technological shifts […]
By John Lee. Iraqi insurance companies recorded written premiums of more than IQD 207.3 billion (approximately USD 159 million) during the third quarter of 2025, reflecting annual growth of over 75 percent, according to a report from the state-run Iraqi News Agency (INA), citing official data. It showed Iraqi Insurance Company leading the sector with […]
By John Lee. The Banking Studies Centre at the Central Bank of Iraq (CBI) has organised a specialised training course on methods for detecting counterfeit local and foreign currency and comparing it with genuine notes. The course brought together staff from state-owned and private banks, as well as other financial institutions. It combines practical and […]
By John Lee. The Central Bank of Iraq (CBI) has published its National Financial Inclusion Strategy 2025-2029. The document was officially launched in May. Click here to download the full report [Arabic]. To browse our comprehensive library of reports on Iraq, click here. (Source: CBI)
By John Lee. The Central Bank of Iraq (CBI) has made public its Third Strategic Plan (2024 - 2026). Click here to download the full report [Arabic]. To browse our comprehensive library of reports on Iraq, click here. (Source: CBI)
By John Lee. At the Iraq Britain Business Council (IBBC) conference in Basra, Prime Minister Mohammed Shiaa Al-Sudani reaffirmed the government's commitment to advancing investment in cooperation with the private sector and international partners. Held under the theme "Gateway to Iraq," the conference gathered senior Iraqi and UK officials and leading companies to explore trade […]
