An Iraqi bank sets the “most expensive currency” to guarantee market leadership.
An Iraqi bank sets the “most expensive currency” to guarantee market leadership.
5-6-2025
An Iraqi bank affirmed on Tuesday its commitment to the principles of governance and transparency as a fundamental rule governing its financial transactions, adhering to strict standards. It identified what it described as the “most valuable currency” in this vital sector, while pledging to consistently comply with legal and regulatory requirements and international standards.
The National Bank of Iraq said in a statement, “The National Bank of Iraq’s commitment to the principles of governance and transparency is one of its most prominent factors in the Iraqi banking sector. These principles form the fundamental foundation upon which the bank builds its strong relationships with clients, partners, and various stakeholders, and have contributed to enhancing its credibility in all its financial transactions.”
He added that the bank is “a strategic partner to its clients and a loyal guardian of their savings and financial future,” expressing his belief that “trust is the most valuable currency in this vital sector, and this commitment is an integrated approach to work that is embodied in the finest details of its operations and services.”
He explained that “this commitment is clearly demonstrated by the bank’s ongoing efforts to ensure that financial operations are managed in accordance with international best practices, setting strict standards to ensure transparency and accountability in all its transactions.” He explained that “clear examples of this approach include the bank’s ISO 9001:2015 certification in the areas of customer care services and bank transfer operations, confirming that the bank implements an integrated quality management system, with a focus on providing an exceptional banking experience for its customers, based on efficiency, reliability, and attention to the smallest details.”
He explained that “the bank’s commitment to quality and continuous improvement did not come out of nowhere, but rather is the result of a strategic vision that places the customer at the heart of its concerns. Implementing ISO 9001:2015 standards has had a positive impact on the smoothness of internal operations and opened up broader horizons for cooperation and partnerships with global financial institutions, benefiting from international recognition of its quality and reliability.”
He continued, “In the context of this relentless pursuit of excellence, the bank’s efforts culminated in receiving the Excellence Award from Citi Bank , in recognition of its superior performance in managing incoming and outgoing financial transfers. This clearly reflects its proficiency in implementing precise and organized procedures that ensure full compliance with international standards in the execution of financial transactions.”
He continued, “The National Bank of Iraq’s continued focus on the principles of good governance and transparency as an integral part of its long-term strategy is supported by the development of its internal systems and the adoption of the latest technologies in the financial sector to enhance the levels of security, speed, and reliability of its banking services.”
The bank reiterated its “commitment to providing innovative banking services that meet the changing needs of its customers and enhance their confidence by offering integrated financial solutions that support individuals and businesses alike, while adhering to global best practices.”
miliq.news
