CBI INFO & IRAQI DINAR NEWS

Institution: Total assets of the Iraqi banking system rise to approximately 275 trillion dinars

Institution: Total assets of the Iraqi banking system rise to approximately 275 trillion dinars

2025-10-04 02:10

Shafaq News – Baghdad
The Iraq Future Foundation for Economic Studies and Consultations reported on Saturday that the total assets of the banking system reached approximately 275 trillion Iraqi dinars at the end of Read more…

Economist: Controlling exchange rates is the responsibility of the Central Bank, and the challenges facing banks continue.

Economist: Controlling exchange rates is the responsibility of the Central Bank, and the challenges facing banks continue.

2025/10/03

Economic expert Salah Nouri affirmed on Friday that the financial system and exchange rate control are among the primary responsibilities of the Central Bank of Iraq, noting that the bank faces numerous challenges in Read more…

Gold changes the equation: profits for the central bank, losses for the middle class, and a disaster for Iraqi families.

Gold changes the equation: profits for the central bank, losses for the middle class, and a disaster for Iraqi families.

2025-09-30

The global gold market has been witnessing a rapid upward trend since the beginning of 2025, driven by geopolitical tensions and declining confidence in financial markets, making the yellow metal the primary safe haven for capital. Iraq, for its part, is being affected by this trend in two contradictory ways: the first is Read more…

The Central Bank of Iraq comments on the possibility of changing the dollar exchange rate.

The Central Bank of Iraq comments on the possibility of changing the dollar exchange rate.

2025-09-28 01:05

Shafaq News – Baghdad
Central Bank Governor Ali Al-Alaq denied on Sunday any plans to change the dinar’s exchange rate against the dollar.

During a dialogue session at the Iraq Investment Forum, Read more…

Central Bank Governor: We have comfortable foreign reserves capable of defending the exchange rate.

Central Bank Governor: We have comfortable foreign reserves capable of defending the exchange rate.

2025-09-28

Central Bank Governor Ali Al-Alaq announced on Sunday that Iraq is currently experiencing its lowest inflation rate in history. He also noted that Iraq possesses comfortable foreign reserves capable of defending the exchange rate. He emphasized Read more…

An integrated digital economy in Iraq next year

An integrated digital economy in Iraq next year

09/24/2025

The Prime Minister’s financial and economic advisor, Mazhar Mohammed Salih, stressed the importance of the Central Bank of Iraq’s announcement that cash payments will be phased out in all government institutions and other facilities in July 2026.

The Central Bank made a statement reported Read more…

Boosting the value of the dinar, Iraq achieves the “highest” percentage of gold reserves in its history.

Boosting the value of the dinar, Iraq achieves the “highest” percentage of gold reserves in its history.

2025-09-24

Shafaq News – Baghdad
The Iraq Future Foundation for Economic Studies and Consultations announced on Wednesday that the Central Bank of Iraq has achieved its highest gold reserve since its establishment, with a value exceeding 24 trillion dinars.

The head of the institution, Manar Al-Obaidi, said in a report published today Read more…

Reducing corruption and enhancing transparency… an integrated digital economy in Iraq next year

Reducing corruption and enhancing transparency… an integrated digital economy in Iraq next year

2025-09-23 02:18

Shafaq News – Baghdad
The financial and economic advisor to the Prime Minister, Mazhar Mohammed Salih, revealed on Tuesday the importance of the Central Bank of Iraq’s announcement to end cash payments in all government institutions and other facilities in July 2026.

Saleh told Shafaq News Agency, “Iraq’s farewell to cash payments in 2026 Read more…

Banking reform between the strictness of the standard and the realism of implementation

Banking reform between the strictness of the standard and the realism of implementation

09/22/2025

The Central Bank of Iraq and the local banking system are going through a critical phase that does not tolerate gray solutions. After the Central Bank contracted Oliver Wyman last year to conduct a comprehensive study, the initial report was submitted a few weeks ago, followed by the final report, which included Read more…

Legal expert: The Central Bank is following a wise policy in diversifying its investments.

Legal expert: The Central Bank is following a wise policy in diversifying its investments.

2025/09/22

Legal expert Salah Nouri confirmed on Monday that the Central Bank of Iraq is adopting a wise policy to diversify its investments, balancing investments in gold and US bonds to bolster its financial reserves.
Nouri told Al Furat News Agency, “Central banks around the world, including the Central Bank of Iraq, are pursuing Read more…

The Central Bank expects to end cash transactions in Iraq by mid-2026.

The Central Bank expects to end cash transactions in Iraq by mid-2026.

2025-09-22 | 03:39

Alsumaria News Economy:
The Central Bank expects July 2026 to be the date for ending cash payments in all government institutions and other facilities.
The Director of Non-Banking Financial Institutions Supervision at the Bank, Dr. Durgham Musa said, “The Central Bank, within the framework of legislation Read more…

Iraq: Exports and imports decline in the second quarter of 2025

Iraq: Exports and imports decline in the second quarter of 2025

2025-09-22 02:07

Shafaq News – Baghdad
The Central Bank of Iraq announced on Monday a decline in exports and imports in Iraq during the second quarter of 2025.

The bank stated, in statistics reviewed Read more…

6.8 trillion dinars in electronic collections in 2025

6.8 trillion dinars in electronic collections in 2025

09/17/2025

The Central Bank of Iraq revealed that the total government electronic collections through points of sale (POS) during the first eight months of 2025 exceeded six trillion dinars, while the number of employee payroll cards exceeded five million.

The Director General of the Information Technology and Payments Department at the Central Bank of Iraq, Adnan Asaad, told Read more…

Al-Kalabi: The Central Bank is going through its worst conditions, and the governor has proposed an illogical idea regarding exchange offices.

Al-Kalabi: The Central Bank is going through its worst conditions, and the governor has proposed an illogical idea regarding exchange offices.

2025/09/15

The head of the Parliamentary Finance Committee, Youssef Al Kalabi, confirmed that the Central Bank is experiencing “its worst administrative circumstances,” warning of the dangers of the financial policies pursued over the past three years.

During his appearance on the Al-Noqta program on Al-Furat satellite channel, Read more…

Iraq is at the forefront of Arab countries in global trade.

Iraq is at the forefront of Arab countries in global trade.

2025-09-11 03:48

Shafaq News – Baghdad
Iraq ranked third among Arab countries in trade with countries around the world in 2024, according to statistics issued by the Central Bank.

The bank stated in a report Read more…

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…