CBI News 10/20/2021

[yota691]

Iraqi banks get a rating from international agencies

 

  

 October 20, 2021

 

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As part of the efforts made by the Central Bank of Iraq to develop the Iraqi banking sector and keep it up to date with international standards, 19 licensed banks in Iraq have obtained a rating from accredited international rating agencies: (Capital Intelligence - Fitch - Moody's - Standard & Poors),
and these banks will receive facilities Several banking institutions, which reflect the development of the performance of the banking sector in Iraq and the solvency of banks, and is evidence of their compliance with local and international standards.
It is worth mentioning that the Central Bank seeks to increase the ability of Iraqi banks to expand their network of relations with international banks and enhance the confidence of citizens and investors in them, especially after their success in obtaining such ratings.

 

Central Bank of Iraq
    Media Office
October 20, 2021

[yota691]

The Central Bank: 19 Iraqi Banks Obtained A Classification From International Agencies

Author: Ahad5 On 10/20/2021 - 11:43 AM  135

The Central Bank Of Iraq Announced, On Wednesday, That Iraqi Banks Obtained A Classification From International Agencies.

A Statement By The Bank, Seen By Al-Ahd News, Stated That “In The Framework Of The Efforts Made By The Central Bank Of Iraq To Develop The Iraqi Banking Sector And Keep It In Line With International Standards, 19 Licensed Banks In Iraq Obtained A Classification From Accredited International Rating Agencies: (Capital Intelligence - Fitch). - Moody's - Standard & Poors).

He Added, "These Banks Will Receive Several Banking Facilities, Which Reflects The Development Of The Performance Of The Banking Sector In Iraq And The Solvency Of Banks, And Is Evidence Of Their Compliance With Local And International Standards."

He Stressed, "The Central Bank Sought To Increase The Ability Of Iraqi Banks To Expand Their Network Of Relations With International Banks And Enhance The Confidence Of Citizens And Investors In Them, Especially After Their Success In Obtaining Such Ratings."

[yota691]

19 Iraqi banks get a rating from international agencies

 

banks Economy News _ Baghdad The Central Bank of Iraq announced, on Wednesday, that 19 private Iraqi banks obtained a classification from international agencies. The bank said in a statement received by "Al-Iqtisad News", that in the framework of the efforts made by the Central Bank of Iraq to develop the Iraqi banking sector and keep it in line with international standards, 19 licensed banks in Iraq obtained a classification from accredited international rating agencies: (Capital Intelligence - Fitch - Moody's Standard & Poors). He added, "These banks will receive several banking facilities, which reflects the development of the performance of the banking sector in Iraq and the solvency of banks, and is evidence of their compliance with local and international standards."  It is worth mentioning that the Central Bank seeks to increase the ability of Iraqi banks to expand their network of relations with international banks and enhance the confidence of citizens and investors in them, especially after their success in obtaining such ratings.

Views 110   Date added 10/20/2021

[DoD]

yota, they didn’t list the 19 banks.

Any idea where I could look to get the list? 
Curious to see if Warka Bank was one of them…

[new york kevin]

This also has to nudge the GOI towards a rate change. A positive rate change , from our perspective that is. 

Edited October 20, 2021 by new york kevin

[yota691]

Iraqi banks get a rating from international agencies

Thursday 21 October 2021 92

 Baghdad: morning 

(19) banks licensed in Iraq have obtained a rating from accredited international rating agencies: (Capital Intelligence - Fitch - Moody's - Standard & Poors).

And the Central Bank said in a statement received by {Al-Sabah}, yesterday, that this comes {within the framework of the efforts made by the Central Bank of Iraq to develop the Iraqi banking sector and keep it in line with international standards}.

The statement stressed, "These banks will receive several banking facilities, which reflects the development of the performance of the banking sector in Iraq and the solvency of banks, and is evidence of their compliance with local and international standards." 

It is worth mentioning that the Central Bank seeks to increase the ability of Iraqi banks to expand their network of relations with international banks and enhance the confidence of citizens and investors in them, especially after their success in obtaining such ratings.