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.

German Bank to Collaborate with CBI on Int'l Payments ...

By John Lee. The Central Bank of Iraq (CBI) Governor, Ali Mohsen Al-Allaq, met in Baghdad with the Representative of Institutional Clients and International Transaction Banking at Germany's Commerzbank, to explore avenues for strengthening bilateral financial cooperation. Discussions focused on expanding banking relations between Iraqi banks and Commerzbank to support economic activity and deepen financial […]

KPMG to Advise on Reform of Iraqi Banking

By John Lee. Prime Minister Mohammed Shia' Al-Sudani has received representatives from KPMG, the global auditing and financial advisory firm, to review ongoing cooperation with Iraq's banking sector as part of the government's efforts to enhance transparency and improve the country's financial reputation. The Prime Minister affirmed that Iraq's banking reform programme has become a […]

Industrial Bank to finance Projects presented at Investment Forum

By John Lee. Prime Minister Mohammed Shia' Al-Sudani on Sunday chaired a meeting dedicated to approving recommendations to activate financing procedures for projects under Iraq's Industrial Initiative. The meeting was attended by the Minister of Finance, the Governor of the Central Bank of Iraq (CBI), several advisers, and members of relevant committees. The discussions reviewed […]

Central Bank of Iraq Launches Digital Payment Campaign

By John Lee. The Central Bank of Iraq (CBI)'s Basra branch has launched the campaign "Your Transport is Easier ... with Easier Payment" in cooperation with electronic payment companies operating in the province. The initiative is part of the National Financial Inclusion Strategy 2025-2029. The campaign aims to deploy point-of-sale (POS) devices in public transport […]

Top 10 Dinar Articles from September

The following were the ten most read dinar-related articles on Iraq Business News for the month of September: The Iraqi Dinar Revaluation Deception: 10 Persistent False Claims Exposed What the Future Holds for Dinar Investors Iraqi Dinar Prospects: Reality Check After Six Months of Trump Donald Trump and the "Great Iraqi Dinar Revaluation" Iraq "Capable […]

CBI Governor reports Progress on Banking Reform

By John Lee. Central Bank of Iraq (CBI) Governor Ali Mohsen Al-Allaq has underlined the pivotal role of the banking sector in supporting investment in Iraq. Speaking at a panel session during the Iraq Investment Forum, he said the CBI has achieved its objectives on banking reform and has begun implementing them according to set […]

Iraq "Capable of Defending Exchange Rate" - Central Bank

By John Lee. The Governor of the Central Bank of Iraq (CBI), Ali Mohsen Al-Alaq, announced on Sunday that Iraq is currently witnessing the lowest inflation levels in its modern history. Speaking at the Iraq Investment Forum, he said that the country enjoys "comfortable" foreign currency reserves capable of defending the exchange rate, while monetary […]

The Iraqi Dinar Revaluation Deception: 10 Persistent False Claims Exposed

By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraqi Dinar Revaluation Deception: 10 Persistent False Claims Exposed For over two decades, fraudulent promoters and self-proclaimed "dinar gurus" have perpetuated an elaborate investment scam centered around the Iraqi dinar (IQD). Despite […]

What the Future Holds for Dinar Investors

From XTransfer. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. IQD Myths and Realities What the Future Holds for Dinar Investors Many investors think the dinar is a way to get rich fast. But some people worry they might lose money. The iraqi currency […]

IFC in Iraq announces $1bn in New Investments

IFC Marks 20 Years of Partnerships for Impact in Iraq, Announces $1bn in New Investments The International Finance Corporation (IFC), a member of the World Bank Group, held an IFC Partnerships Day in Baghdad on Saturday, under the patronage of His Excellency Mr. Mohammed Shia' al-Sudani, Prime Minister of Iraq, to mark two decades of […]

Rafidain Bank releases New Funding for Entrepreneurs

By John Lee. Iraq's state-owned Rafidain Bank has announced the release of the tenth tranche of its "Entrepreneurship and Excellence" initiative, financing 80 projects with 1 billion Iraqi dinars each. This brings the total number of projects funded since the programme's launch to 1,735, with cumulative financing of 22.94 billion dinars. The initiative, launched under […]

CBI, UNDP discuss Digital Economy and Banking Reform

By John Lee. The Central Bank of Iraq (CBI) Governor, Ali Mohsen Al-Allaq, met in Baghdad with Titon Mitra, the new Resident Representative of the United Nations Development Programme (UNDP) in Iraq. Talks focused on technical advisory cooperation regarding the regulatory framework for e-commerce, aiming to strengthen consumer protection and create a safe environment for […]