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Tag Archives | Credit Expansion

EUR 40m Credit Guarantee Fund to Boost SMEs in Iraq

By on 9th October 2025 in Investment, Iraq Banking & Finance News, Iraq Industry & Trade News

By John Lee. The International Labour Organization (ILO) has launched the Credit Guarantee Fund to empower small and medium enterprises (SMEs) in Iraq. The scheme is a partnership with the Ministry of Labour and Social Affairs (MoLSA), with funding from the German Ministry for Economic Cooperation and Development (BMZ) through the German Development Bank (Kreditanstalt […]

Iraq's CBI Prioritises Strengthening Loan Guarantee Company

By on 20th December 2024 in Investment, Iraq Banking & Finance News

By John Lee. The Central Bank of Iraq (CBI) has announced its strategic focus on enhancing the capabilities of the Loan Guarantee Company [Iraqi Bank Guarantees Company (IBGC)] to support the banking sector and "bolster financial depth." Dr. Ammar Hamad Khalaf, Deputy Governor of the CBI, highlighted this priority during the 8th International Guarantee Conference […]