CBI holds a meeting with the Bank for International Settlements (BIS)
November 24, 2020
The Central Bank of Iraq held a remote meeting with the Bank for International Settlements (BIS) to discuss prospects for cooperation and investment mechanisms between the two parties.The two parties agreed on the contribution of the Bank for International Settlements to enhance the capabilities of the Central Bank of Iraq and increase investment opportunities in foreign reserves.The Bank for International Settlements is an international institution that provides services to central banks that seek to enhance global monetary and financial stability, through its activities in achieving a balance of the priorities of strategic importance for central banks in managing reserves. It ensure a good understanding of cash flow management, and diversification to obtain good returns to meet their needs, As well as providing credit Mediation services, gold, foreign exchange, and asset management, including an integrated management function For financial and operational risks and controlling them.Central Bank of Iraq
Media Office
21/11/2020
