🚀 “Iraq’s Banking Revolution: Central Bank Teams Up With Global Experts!” 🌍🏦
August 13, 2025 – Baghdad Update
🔗 Source: IraqiNews
✅ CBI SELECTS OLIVER WYMAN TO LEAD BANKING REFORM
Central Bank of Iraq (CBI) meets with global consultancy Oliver Wyman
Aim: Modernize Iraq’s banking system with cutting-edge, international standards
Collaboration based on Iraqi Private Banks League (IPBL) proposal
⚙️ KEY OBJECTIVES OF THE PLAN
Stabilize banking sector to function securely & effectively
Align with global governance, compliance & risk management best practices
Promote economic growth by enabling banks to provide top-tier services
Build stronger local and international trust in Iraq’s banking industry
📢 Governor Ali al-Alaq’s Statement:
“The strategy’s flexibility will ensure smooth implementation while upgrading banking operations.”
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