20 Days
Source:
وكالة موازين نيوز
Prime Minister restores Iraqi banks' foreign links
The Iraqi government announced that the Central Bank of Iraq has reached an understanding with the U.S. Department of the Treasury to rehabilitate seven Iraqi banks, allowing them to reconnect with international banking correspondent channels. The aim of this agreement is to restore these banks' eligibility to handle U.S. dollars after they meet compliance and governance requirements. This move enhances investor confidence, supports financial reforms, and is a significant step toward integrating the Iraqi banking sector into the global financial system, revitalizing the national economy, and promoting investment.
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