Iraqi banking achievement added to international regulations for the first time
Iraqi banking achievement added to international regulations for the first time
2019/10/15 14:00
BAGHDAD: The International Finance Corporation (IFC) has adopted the “Guide to Corporate Governance for Iraqi Banks” issued by the Central Bank of Iraq.
It is noteworthy that the corporate governance of banks aims to determine the nature of the relationship between the board of directors of the bank and the executive management in order to protect the funds of depositors, shareholders and stakeholders and ensures disclosure and transparency.
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