Wednesday, October 23, 2024

"SUDANI AND THE CBI CONTROLLING ALL IRAQI BANKS... FOR THE MONETARY REFORM"....F26 BY FRANK26, 24 OCT

 KTFA

FRANK26: "SUDANI AND THE CBI CONTROLLING ALL IRAQI BANKS... FOR THE MONETARY REFORM"....F26

The Central Bank of Iraq approves changing the activity of the Commercial Bank of Iraq

 

10/22/2024

Baghdad
 

The Central Bank of Iraq has agreed to change the activity of the Commercial Bank of Iraq to Islamic.

According to a document issued by the Central Bank, obtained by Al-Eqtisad News,  “We would like to inform you that the activity of the Commercial Bank of Iraq has changed from a (traditional) commercial activity to an (Islamic) activity, in accordance with the bank’s official letter model.”

Below is the document:

LINK

Iraq REER & Currency Framework Update: REVAL HUB Insights Report

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