Press Statement/ Launching the electronic platform for financial transactions between banks operating in Iraq

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The Central Bank launched the electronic platform for financial transactions between banks operating in Iraq (FX, Money Market) Interbank Market.

The platform establishes an organized electronic financial market that opens and facilitates the way for foreign investment in Iraq.

 

The platform aims to increase cooperation between banks and increase their ability to diversify the financial services of their customers and attract the commercial and financial operations available in the market.

Within the framework of these measures, the Central Bank sponsored a technical workshop between one of the leading international companies in the areas of financial solutions and a number of banks operating in Iraq with the support of the Iraqi private banks league.

 

Central Bank of Iraq

information Office

20 June 2019