Al-Sudani stresses the importance of expanding cooperation with JP Morgan
Al-Sudani stresses the importance of expanding cooperation with JP Morgan
04/09/2025
Prime Minister Mohammed Shia al-Sudani stressed on Tuesday the importance of expanding partnerships between Iraqi banks and JPMorgan Chase, noting the government’s readiness to provide all forms of support to strengthen this relationship.
A statement from the Prime Minister’s Media Office, received by Al-Sabah, stated that “Al-Sudani received a delegation from JPMorgan Chase, headed by the bank’s Deputy Director, Daniel Zelikow, on the sidelines of the Iraqi Banking Sector Reform Conference held in Baghdad.”
The statement added, “During the meeting, discussions focused on enhancing cooperation in the financial and banking fields, including the bank’s participation in financing various investment projects. Mechanisms for securing credits and financial transfers and ensuring their delivery to those entitled to them in Europe and the United States were also discussed, which will contribute to improving services provided to Iraqi traders and importers.”
Al-Sudani pointed to “the importance of expanding the scope of partnership between Iraqi banks and JP Morgan,” noting “the government’s readiness to provide all forms of support to strengthen this relationship.”
For its part, the JP Morgan delegation expressed its “willingness to increase cooperation with Iraq by expanding the number of correspondent accounts opened for Iraqi banks, and its willingness to finance a number of investment projects directly or through partner financial institutions.”
alsabaah.iq