Press release/The Central Bank of Iraq officially exits from the EU sanctions list

The European Union officially announced the exit of the Central Bank of Iraq from the list of sanctions imposed by the European Union on the institutions. Through publication in the official newspaper of the European Union, which confirmed the abolition of sanctions imposed on this bank under the former regime, which provided for "the prohibition of dealing with a group of Iraqi institutions Financial and non-financial, including the Central Bank of Iraq.

This step comes as the Central Bank of Iraq has made significant progress in improving its performance and application of international regulations and standards in this field. This bank shows that under these recent amendments it will allow international financial banking institutions to deal with the new instructions, as it has become a reliable financial institution to deal with European international institutions.

13 Sep 2018