Archive | Iraq Banking & Finance News

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

IBBC Announces Line-Up for Iraq Business Conference

Having had to postpone its autumn conference earlier this year, the Iraq Britain Business Council (IBBC) has confirmed that it has received full UAE Government approval to hold its conference on Sunday 18th December. It has convened 20 of the top decision-makers from the Government of Iraq and key industry sectors, who will come together […]

Currency Auction Results, 6th Dec

By John Lee. The Central Bank of Iraq (CBI) has reported that 36 banks and 15 remittance companies took part in its currency auction on Tuesday. A total of $150,044,142 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Iraq Wrangling with $26.6bn Budget Deficit

By Sami-Joe Abboud for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq's parliament will meet Dec. 1 to continue hashing out a draft of the 2017 general budget, which currently includes a deficit that will require the country to seek […]

New Financing for Iraqi Projects

By John Lee. GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have reportedly signed a financing MoU to accelerate the development of power and infrastructure projects in Iraq. According to TradeArabia, a similar financing agreement with the three entities earlier this year facilitated the completion of the first phase of the ‘Power […]

Currency Auction Results, 29th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 35 banks and 14 remittance companies took part in its currency auction on Tuesday. A total of $149,497,790 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 24th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 13 remittance companies took part in its currency auction on Thursday. A total of $142,508,506 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 23rd Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 36 banks and 15 remittance companies took part in its currency auction on Wednesday. A total of $155,568,850 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 22nd Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 15 remittance companies took part in its currency auction on Tuesday. A total of $148,441,135 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 17th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 15 remittance companies took part in its currency auction on Thursday. A total of $150,085,261 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 16th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 28 banks and 15 remittance companies took part in its currency auction on Wednesday. A total of148,181,665  sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 14th Nov

By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 15 remittance companies took part in its currency auction on Monday. A total of $148,425,067  sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)