CBI INFO & IRAQI DINAR NEWS

Iraqi Banks Association: The reform plan has reached its final form and will include all private banks.

Iraqi Banks Association: The reform plan has reached its final form and will include all private banks.

2025-09-11

The Iraqi Private Banks Association confirmed on Thursday that banking reform in Iraq includes both the public and private sectors, while indicating that the reform plan has reached its final form and will include all private banks without exception. The Executive Director of the Iraqi Private Banks Association, Ali Tariq, told the official agency that “the banking reform in Iraq consists of two parts, the first Read more…

Digital banks and financial inclusion

Digital banks and financial inclusion

2025/09/10

Today, Iraq is witnessing the launch of a new era of banking services, shifting toward digital services in line with the global trend toward digitization and the abandonment of traditional services.

This sound approach is not just about smart applications and digital platforms, but rather represents the launch of an ambitious vision Read more…

Experts: Banking reforms are necessary to enhance financial stability.

Experts: Banking reforms are necessary to enhance financial stability.

09/08/2025

The Iraqi banking sector is undergoing a pivotal phase marked by comprehensive reform and institutional development. The Central Bank, in collaboration with private banks, the government, and the global consulting firm Oliver Wyman, is implementing a strategic plan aimed at enhancing financial stability, diversifying Read more…

The Parliamentary Finance Committee decided to host the Ministers of Planning and Finance to resolve the pensioner salaries crisis.

The Parliamentary Finance Committee decided to host the Ministers of Planning and Finance to resolve the pensioner salaries crisis.

9-7-2025

Al-Maalouma/Baghdad..
The Parliamentary Finance Committee decided, on Sunday, to host the Ministers of Planning and Finance and the Governor of the Central Bank to resolve the crisis of delayed pensioner salaries.
A statement by the committee Read more…

Bank deposit growth and cash credit decline in Iraq

Bank deposit growth and cash credit decline in Iraq

2025-09-06 04:20

Shafaq News – Baghdad
The Central Bank of Iraq announced on Saturday that bank deposits in the country grew for June 2025, while credit growth registered a slight decline.

According to bank statistics reviewed Read more…

The Central Bank launches new services via electronic wallets.

The Central Bank launches new services via electronic wallets.

2025/09/03

The Central Bank of Iraq announced the launch of reciprocal money transfer services via electronic wallets, which will enable individuals and business owners to conduct their financial transactions with greater speed and flexibility.
These services include, according to a statement from the Central Bank, a copy of which was received Read more…

Economist: Iraq enjoys financial stability thanks to the Central Bank’s reserves.

Economist: Iraq enjoys financial stability thanks to the Central Bank’s reserves.

9-3-2025

Al-Maalouma/Exclusive:
Economic advisor, Mazhar Mohammed Saleh, confirmed on Wednesday that financial stability in Iraq is solid, and no worrying indicators have yet emerged, despite the external challenges and geopolitical shocks facing the world.
Saleh told Al-Maalouma that “financial concerns are mainly due to the Read more…

Central Bank of Iraq: Revenues and expenditures rise for June

Central Bank of Iraq: Revenues and expenditures rise for June

2025-09-03 02:15

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Wednesday that public revenues and expenditures increased during the month of June.

The bank said in official statistics seen by Shafaq News Agency that public revenues for June rose to 62 billion and 4 million dinars, compared to Read more…

Controversy over the effectiveness of “economic laws” in Iraq

Controversy over the effectiveness of “economic laws” in Iraq

2025-09-03 04:07

Shafaq News – Baghdad
Controversy is growing over the enactment of new laws to reform Iraq’s banking system, with economists emphasizing the importance of updating them to reflect current developments.

Economic expert Abdul Rahman Al-Shaikhli told Shafaq News Agency, “Despite three decades having passed since the change Read more…

Iraq’s domestic public debt rises sharply

Iraq’s domestic public debt rises sharply

2025-09-02 03:03

Shafaq News – Baghdad
The Central Bank of Iraq announced on Tuesday that domestic public debt will rise by the end of June 2025.

The bank said in an official statistic seen by Shafaq News Agency, “Iraq’s domestic public debt rose by the end of June of this year to reach 87 trillion Read more…

Baghdad: Official symposium discusses banking sector reform amid sanctions and challenges

Baghdad: Official symposium discusses banking sector reform amid sanctions and challenges

2025-09-01 08:23

Shafaq News – Baghdad
The Center for Trade and Economic Studies, affiliated with the Iraqi Ministry of Trade, organized an expanded symposium on Monday to discuss reforms related to the private banking sector and develop a shared vision between Iraqi banks and international experts.

The symposium, titled “Central Bank Reform and the Vision of Private Banks,” was Read more…

The Iraqi bank’s sales exceeded $40 billion in six months.

The Iraqi bank’s sales exceeded $40 billion in six months.

2025-09-01 02:21

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Monday its foreign currency sales, which amounted to more than $40 billion during the first half of this year.

According to the bank’s latest statistics, reviewed Read more…

The banking and financial sectors in Iraq: Paths towards an integrated economy

The banking and financial sectors in Iraq: Paths towards an integrated economy

9-1-2025

Researcher Shaza Khalil
The banking sector remains the backbone of the financial system in Iraq, focusing on attracting deposits and providing loans. Although the Iraqi government and the Central Bank have adopted a strategy in recent years to promote financial inclusion and expand the use of electronic payments to increase the volume of banking Read more…

Central Bank Governor: Issuing instructions and controls to regulate the electronic payment process.

Central Bank Governor: Issuing instructions and controls to regulate the electronic payment process.

2025-08-30

Central Bank Governor Ali Al-Alaq announced on Saturday the issuance of instructions and controls to regulate the electronic payment process in three aspects. While revealing the mechanism for developing the electronic payment process, he stressed the obligation of all state institutions to deal with electronic payments rather than cash. Al-Alaq told the official agency, “Electronic payment is Read more…

The Kurdistan Region deposits 120 billion dinars of non-oil revenues into the Iraqi treasury account.

The Kurdistan Region deposits 120 billion dinars of non-oil revenues into the Iraqi treasury account.

2025-08-28 00:23

Shafaq News – Erbil
The Kurdistan Region’s Ministry of Finance and Economy announced on Thursday that non-oil revenues for June had been deposited into the federal Ministry of Finance’s bank account.

The Ministry of Finance stated in a statement today that the region’s non-oil revenues for June 2025, amounting to Read more…

Iraq’s imports of goods amounted to about $90 billion during the year.

Iraq’s imports of goods amounted to about $90 billion during the year.

2025-08-28 05:12

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Thursday that Iraq’s imports of goods from around the world will exceed $87 billion in 2024.

The bank stated in statistics reviewed Read more…

Gold, deposits, and the share of project finance loans in the Central Bank of Iraq’s assets rise.

Gold, deposits, and the share of project finance loans in the Central Bank of Iraq’s assets rise.

2025-08-27 04:25

Shafaq News – Baghdad
The Iraq Future Foundation for Economic Studies and Consultations said on Wednesday that the distribution structure of the Central Bank of Iraq’s assets witnessed significant changes between 2022 and 2025, as the percentages of contribution of different categories to total assets shifted Read more…

Credit rating

Credit rating

08/25/2025

As part of its relentless efforts to strengthen Iraq’s economic and financial position on the international map, the government of Prime Minister Mohammed Shia al-Sudani continues to implement an ambitious reform program for the financial and banking sector. This program aims to advance the national economy by stimulating global investment and Read more…

Disclosure of the value of Iraqi exports and imports for the first quarter of 2025

Disclosure of the value of Iraqi exports and imports for the first quarter of 2025

2025-08-24 03:33

Shafaq News – Baghdad
On Sunday, the Central Bank of Iraq revealed the value of Iraqi exports of goods abroad and the value of imports for the first quarter of 2025.

The bank stated, in statistics reviewed by Shafaq News Agency, that the value of Iraqi commodity exports for the first quarter of this year amounted to Read more…

Economic Observatory: The Central Bank of Iraq “Slaughters” National Capital and Opens the Door to Monopoly

Economic Observatory: The Central Bank of Iraq “Slaughters” National Capital and Opens the Door to Monopoly

2025-08-23 01:27

Shafaq News – Baghdad
An Iraqi economic observatory said on Saturday that the Central Bank is “slaughtering” national capital and granting private banks control over foreign ownership. The observatory noted that it has imposed what it described as “unreasonable conditions” that place banks under Read more…