CBI INFO & IRAQI DINAR NEWS

Deposit growth slowed and credit volume increased in Iraq in September.

Deposit growth slowed and credit volume increased in Iraq in September.

2025-11-12 03:28

Shafaq News – Baghdad
The Central Bank of Iraq announced on Wednesday that it had recorded a decline in the growth of deposits at banks operating in Iraq for the month of September, while the growth of credit increased.

An official statistic, seen by Shafaq News Agency, showed that total deposits Read more…

A source clarifies: There will be no change to the exchange rate, and the Central Bank continues to defend it.

A source clarifies: There will be no change to the exchange rate, and the Central Bank continues to defend it.

2025-11-12

Some media outlets reported on a study suggesting a government plan to adjust the exchange rate in the future. However, it turned out that this plan, which was published in studies, did not originate from the central bank Read more…

The Central Bank denies rumors of a dinar devaluation.

The Central Bank denies rumors of a dinar devaluation.

2025-11-12

The Central Bank denied on Tuesday (November 11, 2025) rumors of the dinar’s decline, stressing that they were untrue and were not issued by any official body.

The bank’s media office stated in a statement that “the Central Bank of Iraq Read more…

The Central Bank of Iraq reveals dollar sales figures for the first nine months of this year.

The Central Bank of Iraq reveals dollar sales figures for the first nine months of this year.

2025-11-11 02:30

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Tuesday that its sales of hard currency amounted to more than $60 billion during the first nine months of this year.

The bank said in a statistic seen by Shafaq News Agency that “the bank’s sales of hard currency during the first nine months of 2025 amounted to Read more…

Iraq’s domestic public debt is rising

Iraq’s domestic public debt is rising

2025-11-09 01:12

Shafaq News – Baghdad
The Central Bank of Iraq announced on Sunday that domestic public debt had increased by the end of September 2025.

The bank said in an official statistic Read more…

Iraq’s foreign currency reserves rise by more than three billion dollars

Iraq’s foreign currency reserves rise by more than three billion dollars

2025-11-08 04:32

Shafaq News – Baghdad
The Central Bank announced on Saturday that its foreign currency reserves had increased by more than three billion dollars by the end of September.

The bank said in an official statistic seen by Shafaq News Agency that “foreign reserves at the Central Bank until the 30th of September of this year amounted to Read more…

Parliamentary Finance Committee: Central Bank Governor failed to control the currency market

Parliamentary Finance Committee: Central Bank Governor failed to control the currency market

11-6-2025

Information/Baghdad…
On Thursday, Finance Committee member Nazem Al-Shibli asserted that the performance of the Central Bank Governor raises many questions, indicating that he has failed to manage the country’s financial policy, which has allowed hard currency Read more…

Bank of Baghdad announces the formation of its new board of directors as part of the banking reform program.

Bank of Baghdad announces the formation of its new board of directors as part of the banking reform program.

2025-11-04

Bank of Baghdad, one of the leading banks in Iraq, announced the formation of its new board of directors during the ninth extraordinary meeting of the general assembly held on Tuesday, as part of the banking reform program.

The bank stated in a statement that: “During the meeting, the following original Read more…

The Central Bank sets a plan for banking reform.

The Central Bank sets a plan for banking reform.

2025/11/03

The Central Bank of Iraq has identified several key points for the banking reform plan that it agreed upon with the global company “Oliver Wyman”.
Central Bank spokesman Alaa Al-Fahd said in a press statement that “the plan is the most important strategy undertaken by the Central Bank to develop Read more…

Hantoush: Liberation from dollar restrictions marks a new beginning for the Iraqi banking sector.

Hantoush: Liberation from dollar restrictions marks a new beginning for the Iraqi banking sector.

11-2-2025

Information / Baghdad –
Financial and banking expert Mustafa Hantoush confirmed on Saturday that the Iraqi banking sector is on the verge of a new phase of liberation from dollar restrictions, stressing that this Read more…

An expert told Shafaq News: 90 trillion dinars are hoarded by Iraqis and do not reach the banks.

An expert told Shafaq News: 90 trillion dinars are hoarded by Iraqis and do not reach the banks.

2025-11-02 01:09

Shafaq News – Baghdad
Financial expert Mahmoud Dagher revealed on Sunday that the amount of cash held by the “public” is estimated at about 90 trillion dinars, out of a total of 98 trillion dinars that is the size of the cash mass Read more…

The Central Bank of Iraq signs a cooperation agreement with the National Bank of Kuwait – Bahrain.

The Central Bank of Iraq signs a cooperation agreement with the National Bank of Kuwait – Bahrain.

2025-10-29

The Central Bank of Iraq signed a joint cooperation agreement with National Bank of Kuwait-Bahrain in the capital Baghdad.
A statement from the bank indicated that “under the patronage and in the presence of the governor Central Bank of Iraq, Ali Mohsen Al-Alaq, Read more…

With Al-Sudani’s attendance, Iraq ushered in a renewed banking era.

With Al-Sudani’s attendance, Iraq ushered in a renewed banking era.

10-28-2025

Baghdad – Mail
Arab Bank – Iraq inaugurated its headquarters in Baghdad in the presence of Prime Minister Mohammed Shia al-Sudani, who affirmed that the bank’s presence represents a strategic addition to the national banking sector.

The bank said in a statement, “The launch of Arab Bank – Iraq comes Read more…

Central Bank: E-commerce rises to $60 billion

Central Bank: E-commerce rises to $60 billion

10/28/2025

The Central Bank of Iraq expects the amount of electronic payments to reach $60 billion by 2035, as part of the reform plan and the gradual abandonment of paper transactions.

In an exclusive interview with Al-Sabah, the bank’s spokesperson, Read more…

Al-Kadhimi: The parallel market is behind the rise in the dollar exchange rate.

Al-Kadhimi: The parallel market is behind the rise in the dollar exchange rate.

10-27-2025

Al-Maalouma / Baghdad…
Representative Moeen Al-Kadhimi confirmed, on Monday, that the rise in the dollar exchange rate is mainly due to the trend of most traders towards the parallel market (black market) to purchase hard currency to finance import operations.
Al-Kadhimi said in a statement Read more…

Expert: Iraqi banks need comprehensive reform to free themselves from the restrictions of dollar transactions.

Expert: Iraqi banks need comprehensive reform to free themselves from the restrictions of dollar transactions.

10-27-2025

Al-Maalouma/Baghdad..
Financial and banking expert Mustafa Hantoush confirmed on Monday that the banking sector in Iraq stands today on the threshold of a new phase, as it approaches liberation from restrictions on dealing in the dollar. However, at the same time, it needs radical reforms to modernize Read more…

Deposit growth declines and cash credit rises in Iraq

Deposit growth declines and cash credit rises in Iraq

2025-10-22 03:32

Shafaq News – Baghdad
The Central Bank of Iraq reported on Wednesday a decline in bank deposit growth, while credit growth increased during July.

A bank statistic reviewed by Shafaq News Agency showed that total deposits at banks operating in Iraq Read more…

The Central Bank of Iraq sold more than $47 billion in sales in seven months.

The Central Bank of Iraq sold more than $47 billion in sales in seven months.

2025-10-21 04:04

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Tuesday its foreign currency sales, which amounted to more than $47 billion during the first seven months of the current year.

The bank said in statistics reviewed Read more…

Iraq’s Internal Debt in Numbers: From Currency Printing to the Three-Year Budget

Iraq’s Internal Debt in Numbers: From Currency Printing to the Three-Year Budget

2025-10-21

Since 2003, Iraq has been trapped in a vicious financial cycle, plagued by recurring crises and changing governments. The only constant, however, is its reliance on domestic debt as a temporary savior during every financial crisis or oil price downturn. Whenever revenues dwindle, the state resorts to financing through Read more…

Central Bank: Iraq’s debt is moderate and within safe limits.

Central Bank: Iraq’s debt is moderate and within safe limits.

10/20/2025

The Central Bank of Iraq stressed that the ratio of public debt to GDP did not exceed 43%, describing it as moderate and within internationally safe limits, and does not constitute a burden on the national Read more…