Tag Archives | Central Bank of Iraq (CBI)

Iraq Business News brings you the latest news from the Central Bank of Iraq (CBI). Subscribe for regular CBI Iraq updates, including Iraqi Dinar Revaluation and Investment news.

Iraq Moves to Boost Non-Oil Revenues

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Sunday to discuss strategies for increasing Iraq's non-oil revenues and strengthening state finances. Attendees included the Minister of Finance, Minister of Trade, the Mayor of Baghdad, the Governor of the Central Bank of Iraq (CBI), and senior advisers and directors. The discussions focused […]

Iraq Expands Youth Loan Programme under 'Riyada' Initiative

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Sunday to follow up on the implementation of the government's "Riyada" initiative and the disbursement of youth loans for qualified applicants. Al-Sudani highlighted the initiative's positive reception among young people, describing it as a foundation for a new labour market reality, encouraging private […]

Supporting Displaced Iraqis with Loans and Training

By John Lee. Central Bank of Iraq (CBI), in cooperation with the International Labour Organization (ILO), the Iraqi Company for Bank Guarantees (ICBG), and several Iraqi banks, has provided significant financial and training support to displaced persons and host communities in Nineveh and Duhok governorates under the Afaaq programme. The initiative has since been replicated […]

CBI, IFC consider New Leasing Company for Iraqi Start-Ups

By John Lee. Central Bank of Iraq (CBI) Governor Ali Mohsen Al-Alaq has met Bilal Al-Saghir, the International Finance Corporation's (IFC) Resident Representative in Iraq, to discuss strengthening bilateral relations, particularly in training Iraq's banking sector workforce. The parties intend to sign a Memorandum of Understanding on the matter in the coming period. They also […]

Iraq's Central Bank to Streamline Cash Withdrawal and Deposit

By John Lee. The Central Bank of Iraq (CBI) has launched the second edition of its Security Permits Platform, aimed at enhancing the management and organisation of security clearances for authorised bank personnel and their vehicles during cash withdrawal and deposit operations. The CBI's Security Permits Office held an interactive workshop outlining the platform's features, account […]

Iraq's Central Bank advances Digital Payment Transformation

By John Lee. Central Bank of Iraq (CBI) Governor, Ali Mohsen Al-Alaq, has outlined the Bank's progress in developing a secure and integrated electronic payment system, in line with international standards and best practices. Speaking at the Comprehensive Transformation to Electronic Payment Conference in Baghdad, he said the systems have improved the efficiency and reliability […]

Top 10 Dinar Articles from July

The following were the ten most read dinar-related articles on Iraq Business News for the month of July: IMF Comments on Iraqi Dinar Exchange Rate Donald Trump and the "Great Iraqi Dinar Revaluation" IMF Explains Iraq's Exchange Rate Arrangement Counterfeit Iraqi Dinars: Central Bank Hosts Workshop Iraqi Dinar Prospects: Reality Check After Six Months of […]

Iraqi Dinar Prospects: Reality Check After Six Months of Trump

By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Dinar Prospects: Reality Check After Six Months of Trump Six months into Donald Trump's return to the presidency, the Iraqi dinar finds itself at a crossroads between economic fundamentals and persistent speculation. […]

RTB Launches Low-Interest Solar Panel Loan Scheme

By John Lee. Erbil-based Region Trade Bank (RTB) has launched a new low-interest loan programme aimed at supporting the installation of solar panels for residential and commercial customers across Iraq. The initiative aligns with the Iraqi government's national decarbonisation strategy and is funded through the Central Bank of Iraq (CBI). The loan scheme offers financing between […]

Trump & Crypto: Will Bitcoin's Success Translate to the Iraqi Dinar?

By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Trump's Policies and Cryptocurrency: Will Bitcoin's Success Translate to the Iraqi Dinar? The relationship between political leadership and financial markets has rarely been as pronounced as it is today with cryptocurrency. Since Donald […]