The Association of Private Banks appreciates the efforts of the government and the Central Bank to create understandings with the Treasury, the Federal Bank, and international banks

[Mary B]

The Association of Private Banks appreciates the efforts of the government and the Central Bank to create understandings with the Treasury, the Federal Bank, and international banks

Friday 26 April 2024  

Baghdad / NINA / The head of the Iraqi Private Banks Association, Wadih Al-Handal, participated in the Arab Economic Security Forum, which was organized by the Union of Arab Banks in Beirut.

Al-Handal said in his speech, “The forum is being held in complex circumstances and geopolitical changes taking place in the region, and the Arab banking sector has begun to be affected, starting with the State of Iraq,” adding that Iraq is still facing major challenges, at various economic levels, including the deprivation of the Iraqi private banking sector. From the use of the dollar, which exceeded half the number of banks operating inside the country, which is a very dangerous indicator, despite the efforts of Iraqi government and private institutions to comply with local and international anti-money laundering and terrorist financing laws, but for the first time we are witnessing a clear targeting of the sector that has begun to affect banking services inside the country, It undermines citizen confidence and hinders the expansion of financial inclusion.

He added that these challenges facing the banking sector reaffirm the prominent role played by the Union of Arab Banks, international organizations and Arab banks in coordinating positions and confronting dangers together, noting that our meeting is taking place. "It represents an opportunity for cooperation and agreement on a work roadmap for the future, as targeting the Iraqi banking sector will not stop within its borders, and may expand at any moment to other countries in light of the regional turmoil."

Al-Handal pointed out that “the Association of Private Banks is working with the Iraqi government, the Central Bank, and some local and international institutions, to save the banking sector, and return banks deprived of dealing in dollars to their activities, but this is not enough, but rather requires continuing cooperation with the Arab and foreign banking sector, because the stage of merging... The Iraqi banking sector with its Arab counterpart must begin quickly, and we are taking great steps in this direction, especially since Prime Minister Muhammad Shia al-Sudani held dialogues in Washington with the American President and other government officials, who announced in a joint statement the possibility of a group of Iraqi banks returning to dealing. in dollars and support the private banking sector.”

Al-Handal appreciated the efforts of the Iraqi government and the Central Bank of Iraq to create deeper understandings with international banks, the Federal Reserve, and the US Treasury to expand the integration of the Iraqi banking sector into the global financial system, in addition to supporting the Iraqi dinar, which led to a gradual rise in its value.

He pointed out that Iraq is witnessing great development in the transition to electronic government and the adoption of electronic payment, and this is what leads to the growth of the digital economy, especially since there is a trend within the country to increase the number of electronic banks, to keep pace with technological development and increase performance./End 8

https://ninanews.com/Website/News/Details?key=1123181

[Mary B]

Association of Banks: For the first time, we are witnessing a clear targeting of depriving half of the banks from dealing in dollars

Economy |Today, 14:29 |

    

 

 

 

Baghdad today - Baghdad

The head of the Iraqi Private Banks Association, Wadih Al-Handal, confirmed today, Friday (April 26, 2024), that Iraq is witnessing a clear targeting by depriving half of the banks from dealing in dollars, describing it as a “danger indicator” at the economic level.

Al-Handal said, in his speech during the Arab Economic Security Forum, which was organized by the Union of Arab Banks in Beirut and followed by “Baghdad Today,” that “the forum is being held in complex circumstances and geopolitical changes taking place in the region, and the Arab banking sector has begun to be affected, starting with the State of Iraq,” adding. “Iraq is still facing major challenges, at various economic levels, including depriving the Iraqi private banking sector of using the dollar, which has exceeded half the number of banks operating inside the country, which is a very dangerous indicator, despite the efforts of Iraqi governmental and private institutions to comply with laws against money laundering and terrorist financing.” Local and international.”

He explained, “For the first time, we are witnessing a clear targeting of the sector, which has begun to affect banking services within the country, undermine citizen confidence, and hinder the expansion of financial inclusion,” stressing that “these challenges facing the banking sector reaffirm the role of the Union of Arab Banks.” International organizations and Arab banks play a prominent role in coordinating positions and confronting dangers together.”

Al-Handal pointed out that "this meeting represents an opportunity for cooperation and agreement on a work road map for the future, as targeting the Iraqi banking sector will not stop within its borders, and may expand at any moment to other countries in light of the regional turmoil."

He continued, "The Association of Private Banks is working with the Iraqi government, the Central Bank, and some local and international institutions, to save the banking sector, and return banks deprived of dealing in dollars to their activities, but this is not enough, but rather requires continuing cooperation with the Arab and foreign banking sector, because the stage of integrating the sector The Iraqi banker with his Arab counterpart must begin quickly, and we are taking great steps in this direction, especially since Prime Minister Muhammad Shia al-Sudani held dialogues in Washington with the American President and other government officials, who announced in a joint statement the possibility of a group of Iraqi banks returning to dealing in dollars and supporting... The private banking sector.

During his speech, Al-Handal appreciated the efforts of the Iraqi government and the Central Bank of Iraq to create deeper understandings with international banks, the Federal Reserve, and the US Treasury to expand the integration of the Iraqi banking sector into the global financial system, in addition to supporting the Iraqi dinar, which led to a gradual rise in its value, pointing out that “Iraq is witnessing... “There has been a great development in the transition to electronic government and the adoption of electronic payment, and this is what leads to the growth of the digital economy, especially since there is a trend within the country to increase the number of electronic banks, to keep pace with technological development and increase performance.”

https://baghdadtoday.news/247992-رابطة-المصارف-لأول-مرة-نشهد-استهدافاً-واضحًا-بحرمان-نصف-البنوك-من-التعامل-بالدولار.html

[Mary B]

Governmental and private banks will showcase their services tomorrow during Financial Inclusion Week

• Time: 04/26/2024 10:13:36
•  
• Read: 1,183 times

  

{Economic: Al-Furat News} Governmental and private banks are preparing to participate tomorrow, Saturday, in Financial Inclusion Week.

The electronic payment systems will review banking services for citizens, including advances and loans, and introduce them to the products offered by these banks in a step to enhance financial inclusion.

https://alforatnews.iq/news/المصارف-الحكومية-والأهلية-تستعرض-خدماتها-غداً-في-أسبوع-الشمول-المالي#hathalyoum

[Mary B]

The Bank of Baghdad is moving to increase its capital to 400 billion dinars

Bank of Baghdad

 

   

 

---

 

The Chairman of the Board of Directors of the Bank of Baghdad, Majid Al-Saadi, announced that the meeting of the bank’s general assembly will be held next May 18 in Baghdad.

Al-Saadi said that the next general assembly meeting of the Bank of Baghdad will decide to increase the bank’s capital from 300 billion dinars to 400 billion dinars in response to the Central Bank’s decision, and the increase will be free shares.

He added that the meeting will also discuss concluding a management agreement between the Jordan Kuwait Bank and the Bank of Baghdad.

---

298 views

Added 04/25/2024 - 10:48 AM

https://economy-news.net/content.php?id=42813

[Mary B]

More than 11 thousand loans announced by the Housing Fund via the Ur platform

Thursday 25 April 2024 11:35 | EconomicalNumber of readings: 284

Baghdad / NINA / The Housing Fund of the Ministry of Construction, Housing and Public Municipalities announced today, Thursday, the number of transactions accepted electronically via the Ur platform.

A statement from the Fund’s media office stated: “The Housing Fund, since the opening of electronic applications on the third of last March until the twenty-fourth of this month, has accepted (11,200) loan transactions in Baghdad and the governorates.”

The statement added that “the Fund’s staff continues its diligent work in “Scrutinizing and accepting lending transactions to serve the public interest and facilitating the procedures for citizens to obtain loans,” pointing out that “the procedures are running very smoothly and there is no delay in the process of accepting and completing transactions.”

He explained that “opening the acceptance of transactions through the Or electronic platform according to the new mechanism that was previously established.” Under the guidance of the Minister of Construction, Housing and Public Municipalities, two Rikani banks contributed to facilitating the acceptance procedures and ensuring that those eligible for the loans receive loans,” noting that “the amounts necessary to grant loans were allocated to (11,200) transactions that were accepted.”

The statement confirmed that “the Fund will open the acceptance of loan transactions.” Another one soon as part of its lending policy to include the largest number of citizens.”/End 3

https://ninanews.com/Website/News/Details?key=1123011

[Mary B]

Parliamentarian: There is no justification for continuing to ban some banks from dollar transactions

Political | 06:56 - 04/24/2024

 

 

 

 

Mawazine News - Baghdad
Member of the House of Representatives, Suhaila Al-Sultani, directed today, Wednesday, that there is no justification for the continuation of the sanctions that affected some Iraqi private banks.
Al-Sultani said in an interview with Mawazine News, “We do not know what are the reasons for the Federal World Bank’s punishment of Iraqi banks while it agreed to grant licenses to Jordanian banks,” noting that “we are waiting for the Central Bank’s response to study the extent of its compatibility with Iraq’s monetary policy.”
She continued, "Washington continues to fight Iraq over the dollar issue in order to weaken the value of the Iraqi currency,"
and pointed out that "there are no justifications for the Central Bank to ban dealing with many Iraqi banks."
Al-Sultani confirmed that “the central duality is clear in dealing with Iraqi banks, compared to Arab banks.”

https://www.mawazin.net/Details.aspx?jimare=246650

[Mary B]

The banks sure seem to be busy this couple days

[Mary B]

2 minutes ago, Mary B said:

Parliamentarian: There is no justification for continuing to ban some banks from dollar transactions

Political | 06:56 - 04/24/2024

 

 

 

 

Mawazine News - Baghdad
Member of the House of Representatives, Suhaila Al-Sultani, directed today, Wednesday, that there is no justification for the continuation of the sanctions that affected some Iraqi private banks.
Al-Sultani said in an interview with Mawazine News, “We do not know what are the reasons for the Federal World Bank’s punishment of Iraqi banks while it agreed to grant licenses to Jordanian banks,” noting that “we are waiting for the Central Bank’s response to study the extent of its compatibility with Iraq’s monetary policy.”
She continued, "Washington continues to fight Iraq over the dollar issue in order to weaken the value of the Iraqi currency,"
and pointed out that "there are no justifications for the Central Bank to ban dealing with many Iraqi banks."
Al-Sultani confirmed that “the central duality is clear in dealing with Iraqi banks, compared to Arab banks.”

https://www.mawazin.net/Details.aspx?jimare=246650

 

[Mary B]

1 minute ago, Mary B said:

 

Maybe they learned something

[Mary B]

24 minutes ago, Mary B said:

The Association of Private Banks appreciates the efforts of the government and the Central Bank to create understandings with the Treasury, the Federal Bank, and international banks

Friday 26 April 2024  

Baghdad / NINA / The head of the Iraqi Private Banks Association, Wadih Al-Handal, participated in the Arab Economic Security Forum, which was organized by the Union of Arab Banks in Beirut.

Al-Handal said in his speech, “The forum is being held in complex circumstances and geopolitical changes taking place in the region, and the Arab banking sector has begun to be affected, starting with the State of Iraq,” adding that Iraq is still facing major challenges, at various economic levels, including the deprivation of the Iraqi private banking sector. From the use of the dollar, which exceeded half the number of banks operating inside the country, which is a very dangerous indicator, despite the efforts of Iraqi government and private institutions to comply with local and international anti-money laundering and terrorist financing laws, but for the first time we are witnessing a clear targeting of the sector that has begun to affect banking services inside the country, It undermines citizen confidence and hinders the expansion of financial inclusion.

He added that these challenges facing the banking sector reaffirm the prominent role played by the Union of Arab Banks, international organizations and Arab banks in coordinating positions and confronting dangers together, noting that our meeting is taking place. "It represents an opportunity for cooperation and agreement on a work roadmap for the future, as targeting the Iraqi banking sector will not stop within its borders, and may expand at any moment to other countries in light of the regional turmoil."

Al-Handal pointed out that “the Association of Private Banks is working with the Iraqi government, the Central Bank, and some local and international institutions, to save the banking sector, and return banks deprived of dealing in dollars to their activities, but this is not enough, but rather requires continuing cooperation with the Arab and foreign banking sector, because the stage of merging... The Iraqi banking sector with its Arab counterpart must begin quickly, and we are taking great steps in this direction, especially since Prime Minister Muhammad Shia al-Sudani held dialogues in Washington with the American President and other government officials, who announced in a joint statement the possibility of a group of Iraqi banks returning to dealing. in dollars and support system" rel="">support the private banking sector.”

Al-Handal appreciated the efforts of the Iraqi government and the Central Bank of Iraq to create deeper understandings with international banks, the Federal Reserve, and the US Treasury to expand the integration of the Iraqi banking sector into the global financial system, in addition to supporting the Iraqi dinar, which led to a gradual rise in its value.

He pointed out that Iraq is witnessing great development in the transition to electronic government and the adoption of electronic payment, and this is what leads to the growth of the digital economy, especially since there is a trend within the country to increase the number of electronic banks, to keep pace with technological development and increase performance./End 8

https://ninanews.com/Website/News/Details?key=1123181

 

[Mary B]

He pointed out that Iraq is witnessing great development in the transition to electronic government and the adoption of electronic payment, and this is what leads to the growth of the digital economy, especially since there is a trend within the country to increase the number of electronic banks, to keep pace with technological development and increase performance./End 8

[Mary B]

Governmental and private banks will showcase their services tomorrow during Financial Inclusion Week

• Time: 04/26/2024 10:13:36
•  
• Read: 1,248 times

  

{Economic: Al-Furat News} Governmental and private banks are preparing to participate tomorrow, Saturday, in Financial Inclusion Week.

The electronic payment systems will review banking services for citizens, including advances and loans, and introduce them to the products offered by these banks in a step to enhance financial inclusion.

https://alforatnews.iq/news/المصارف-الحكومية-والأهلية-تستعرض-خدماتها-غداً-في-أسبوع-الشمول-المالي

[Mary B]

1 minute ago, Mary B said:

Governmental and private banks will showcase their services tomorrow during Financial Inclusion Week

• Time: 04/26/2024 10:13:36
•  
• Read: 1,248 times

  

{Economic: Al-Furat News} Governmental and private banks are preparing to participate tomorrow, Saturday, in Financial Inclusion Week.

The electronic payment systems will review banking services for citizens, including advances and loans, and introduce them to the products offered by these banks in a step to enhance financial inclusion.

https://alforatnews.iq/news/المصارف-الحكومية-والأهلية-تستعرض-خدماتها-غداً-في-أسبوع-الشمول-المالي

 

[Mary B]

Quote isn't working for me

 

sounds like a full service bank

[Mary B]

With the participation of the Association of Private Banks, investment opportunities are on the table of a Jordanian-Iraqi economic forum next May

 

 

money and business

   

 

---

Economy News - Baghdad

The activities of the Economic Forum for Financial, Industrial and Commercial Partnerships between Iraq, Jordan and the region will begin on the fifth of next May, organized by the Iraqi Business Council in Amman, amid great official interest and broad participation from the public and private sectors in the two countries and the countries of the region.

 

 

According to a statement by the Council, the ministers of industry and electricity from Iraq will participate in the forum, which is organized by the Council in cooperation with the Jordanian and Amman Chambers of Industry, and will be opened at the King Hussein Convention Center in the Dead Sea region, along with ministers from Jordan, business owners, investors, and Arab and foreign companies.

 

Participating in the forum are also the National Investment Authority in Iraq, the Arab Businessmen Union, the Multilateral Investment Guarantee Agency and the International Finance Corporation of the World Bank Group, the Association of Information and Communications Technology Companies (Intaj), the Association of Iraqi Private Banks, the Jordanian Banks Association, and the Jordanian Corporation for Economic Enterprise Development. (JEDCO), and the Jordanian free and development zones.

 

The Council organizes the two-day forum, which includes an exhibition for companies and bilateral meetings with decision-makers from the two countries, on the occasion of the Kingdom’s celebrations of the silver jubilee of His Majesty King Abdullah II assuming his constitutional powers.

 

The forum's working sessions focus on the most prominent investment opportunities in Jordan and Iraq, the prospects for commercial and industrial opportunities in the two countries, the vision of economic modernization, investment in Iraq, investment opportunities in the region, in addition to investment opportunities in the Jordanian free and development zones.

 

The sessions also focus on the role of the banking sector in providing financial facilities to the industrial, energy, mining, transportation and infrastructure sectors, the role of international institutions in providing financial financing for investment projects, and presenting success stories of Jordanian and Iraqi investment companies.

 

The Forum seeks to enhance regional integration by building economic interconnection, enhancing cooperation in various sectors, building long-term partnerships, creating sustainable partnerships, deepening mutual understanding between participating countries, and building a common vision for the future of economic prosperity and development in the region.

---

 

Added 04/26/2024 - 1:43 PM

https://www.economy-news.net/content.php?id=42859

[Mary B]

2 minutes ago, Mary B said:

With the participation of the Association of Private Banks, investment opportunities are on the table of a Jordanian-Iraqi economic forum next May

 

 

money and business

   

 

---

Economy News - Baghdad

The activities of the Economic Forum for Financial, Industrial and Commercial Partnerships between Iraq, Jordan and the region will begin on the fifth of next May, organized by the Iraqi Business Council in Amman, amid great official interest and broad participation from the public and private sectors in the two countries and the countries of the region.

 

 

According to a statement by the Council, the ministers of industry and electricity from Iraq will participate in the forum, which is organized by the Council in cooperation with the Jordanian and Amman Chambers of Industry, and will be opened at the King Hussein Convention Center in the Dead Sea region, along with ministers from Jordan, business owners, investors, and Arab and foreign companies.

 

Participating in the forum are also the National Investment Authority in Iraq, the Arab Businessmen Union, the Multilateral Investment Guarantee Agency and the International Finance Corporation of the World Bank Group, the Association of Information and Communications Technology Companies (Intaj), the Association of Iraqi Private Banks, the Jordanian Banks Association, and the Jordanian Corporation for Economic Enterprise Development. (JEDCO), and the Jordanian free and development zones.

 

The Council organizes the two-day forum, which includes an exhibition for companies and bilateral meetings with decision-makers from the two countries, on the occasion of the Kingdom’s celebrations of the silver jubilee of His Majesty King Abdullah II assuming his constitutional powers.

 

The forum's working sessions focus on the most prominent investment opportunities in Jordan and Iraq, the prospects for commercial and industrial opportunities in the two countries, the vision of economic modernization, investment in Iraq, investment opportunities in the region, in addition to investment opportunities in the Jordanian free and development zones.

 

The sessions also focus on the role of the banking sector in providing financial facilities to the industrial, energy, mining, transportation and infrastructure sectors, the role of international institutions in providing financial financing for investment projects, and presenting success stories of Jordanian and Iraqi investment companies.

 

The Forum seeks to enhance regional integration by building economic interconnection, enhancing cooperation in various sectors, building long-term partnerships, creating sustainable partnerships, deepening mutual understanding between participating countries, and building a common vision for the future of economic prosperity and development in the region.

---

 

Added 04/26/2024 - 1:43 PM

https://www.economy-news.net/content.php?id=42859

 

[Mary B]

Just now, Mary B said:

 

Participating in the forum are also the National Investment Authority in Iraq, the Arab Businessmen Union, the Multilateral Investment Guarantee Agency and the International Finance Corporation of the World Bank Group, the Association of Information and Communications Technology Companies (Intaj), the Association of Iraqi Private Banks, the Jordanian Banks Association, and the Jordanian Corporation for Economic Enterprise Development. (JEDCO), and the Jordanian free and development zones.

 

Iraq needs investments

[Mary B]

A banking official indicates a "danger" to Iraq by depriving more than half of its banks of dollars

EconomyIraqDollarBanks

2024-04-26 05:32

Share

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Shafaq News/ The head of the Iraqi Private Banks Association, Wadih Al-Handal, on Friday considered the deprivation of more than half of the country’s banks from dealing in US dollars a “dangerous indicator” of the economy.

This came in a speech he delivered during his participation in the Arab Economic Security Forum, organized by the Union of Arab Banks in Beirut.

Al-Handal said in his speech that the forum is being held in complex circumstances and geopolitical changes taking place in the region, and the Arab banking sector has begun to be affected, starting with the State of Iraq.

He added that Iraq is still facing major challenges, at various economic levels, including depriving the Iraqi private banking sector of using the dollar, which has exceeded half the number of banks operating inside the country, which is a very dangerous indicator, despite the efforts of Iraqi governmental and private institutions to comply with laws against money laundering and terrorist financing. Local and international, adding: But for the first time we are witnessing a clear targeting of the sector, which has begun to affect banking services within the country, undermine citizen confidence, and hinder the expansion of financial inclusion.

Al-Handal also pointed out that “the Association of Private Banks is working with the Iraqi government, the Central Bank, and some local and international institutions, to save the banking sector, and return banks deprived of dealing in dollars to their activities, but this is not enough, but rather requires continuing cooperation with the Arab and foreign banking sector, because the stage "The integration of the Iraqi banking sector with its Arab counterpart must begin quickly."

He added: We are making great strides in this direction, especially since Prime Minister Muhammad Shiaa Al-Sudani held dialogues in Washington with the US President and other government officials, who announced in a joint statement the possibility of a group of Iraqi banks returning to dealing in dollars and supporting the private banking sector.

https://shafaq.com/ar/اقتصـاد/مس-ول-مصرفي-ي-شر-خطرا-على-العراق-من-حرمان-نصف-بنوكه-من-استخدام-الدولار#hathalyoum

[dinarham]

  Wow, Mary B ,what great news you bring us! No doubt the participation of banks is crucial to the rv/ri . Financial sovereignty for Iraq is happening because sanctions are being lifted . Iraq has finessed its way beautifully throughout this whole middle east mess .  Pew Institute did an analysis years ago concerning Iraqis , and found that overall  Iraqis prove to be a very intelligent group.  It wasn't too long ago that two thirds of Iraq was under Isis control . Young Iraqi adults have yet to see a peaceful , prosperous  Iraq . It's time something good happens for them.

[Mary B]

1 hour ago, dinarham said:

  Wow, Mary B ,what great news you bring us! No doubt the participation of banks is crucial to the rv/ri . Financial sovereignty for Iraq is happening because sanctions are being lifted . Iraq has finessed its way beautifully throughout this whole middle east mess .  Pew Institute did an analysis years ago concerning Iraqis , and found that overall  Iraqis prove to be a very intelligent group.  It wasn't too long ago that two thirds of Iraq was under Isis control . Young Iraqi adults have yet to see a peaceful , prosperous  Iraq . It's time something good happens for them.

thank you dinarham your the best

[Mary B]

Following US sanctions... Al-Handal talks about “clear targeting” of the banking sector in Iraq

Economy

Ultra Iraq

 

26-April-2024

IN BEIRUT (FACEBOOK)

 

The head of the Iraqi Private Banks Association, Wadih Al-Handal, considered that depriving more than half of the Iraqi private banks of dealing with the use of the dollar is a very dangerous indicator. 

This came during a speech by Al-Handal at the Arab Economic Security Forum organized by the Union of Arab Banks in Beirut. He said, “Iraq still faces major challenges at various economic levels, including depriving the Iraqi private banking sector of using the dollar, which has exceeded half of the number of banks operating inside the country.” This is a very dangerous indicator, despite the efforts of Iraqi governmental and private institutions to comply with local and international anti-money laundering and terrorist financing laws, but for the first time we are witnessing a clear targeting of the sector, which has begun to affect banking services within the country, undermine citizen confidence, and hinder the expansion of financial inclusion.”

The past periods have witnessed repeated sanctions  imposed by the US Treasury  on Iraqi banks, the most recent of which happened with seven banks, which was preceded by sanctions on  14 banks  during a period not exceeding a month on accusations of “smuggling the dollar to Iran, as well as money laundering.” 

Al-Handal said, “These challenges facing the banking sector reaffirm the prominent role played by the Union of Arab Banks, international organizations, and Arab banks in coordinating positions and confronting dangers together.”

He said, "Our meeting represents an opportunity to cooperate and agree on a work road map for the future, as targeting the Iraqi banking sector will not stop within its borders, and may expand at any moment to other countries in light of the regional turmoil."

He pointed out that "the Association of Private Banks is working with the Iraqi government, the Central Bank, and some local and international institutions, to save the banking sector and return banks deprived of dealing in dollars to their activities, but this is not enough. Rather, it requires continuing cooperation with the Arab and foreign banking sector, because the stage of merging the banking sector "The Iraqi and his Arab counterpart must start quickly."

Al-Handal said that the Prime Minister, Muhammad Shiaa al-Sudani, “held dialogues in Washington with the US President and other government officials, who announced in a joint statement the possibility of a group of Iraqi banks returning to dealing in dollars and supporting the private banking sector.”

Al-Handal claimed, “Iraq is witnessing great development in the transition to electronic government and the adoption of electronic payment, and this is what leads to the growth of the digital economy, especially since there is a trend within the country to increase the number of electronic banks, to keep pace with technological development and increase performance.”

At the beginning of this month,  the Parliamentary Investment and Development Committee said that the Governor of the Central Bank, Ali Al-Alaq, promised to submit a report to the US Treasury to lift the ban on 28 private banks. 

https://ultrairaq.ultrasawt.com/إثر-العقوبات-الأمريكية-الحنظل-يتحدث-عن-استهداف-واضح-للقطاع-المصرفي-في-العراق/الترا-عراق/اقتصاد

[Mary B]

At the beginning of this month,  the Parliamentary Investment and Development Committee said that the Governor of the Central Bank, Ali Al-Alaq, promised to submit a report to the US Treasury to lift the ban on 28 private banks. 

 

doesn't seem like it worked

[Officiallytook]

1 hour ago, Mary B said:

At the beginning of this month,  the Parliamentary Investment and Development Committee said that the Governor of the Central Bank, Ali Al-Alaq, promised to submit a report to the US Treasury to lift the ban on 28 private banks. 

 

doesn't seem like it worked

Maybe maybe not, a lot is probably hush hush...but still thanks this still is great news for us

[Mary B]

Thanks Officiallytook every comment matters

[Officiallytook]

51 minutes ago, Mary B said:

Thanks Officiallytook every comment matters

No worries, and this is Iraq "this month" may mean "this coming month" of may... I would like to think the latter