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Tag Archives | IPBL

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 […]

Iraqi Private Banking Sector Sees Growth in Deposits

By on 2nd December 2024 in Iraq Banking & Finance News

By John Lee. The Iraqi Private Banks League (IPBL) has reported a significant rise in banking sector deposits over the past two years, crediting the government's focus on digital transformation and electronic payment systems. However, IPBL Executive Director Ali Tariq told the state-run Iraqi News Agency (INA) that 75% of Iraq's money supply remains outside […]