Thursday, August 14, 2025
💣“Iraq’s Banking System at Breaking Point: Reform or Collapse?” 🏦⚠️
💣“Iraq’s Banking System at Breaking Point: Reform or Collapse?” 🏦⚠️
August 13, 2025 – Baghdad Economic Update
🔗 Source: Baghdad Today
✅ 🚨 URGENT WARNING FROM EXPERTS
Ahmed Al-Tamimi: “Banking reform is not a luxury—it’s a national and security necessity.”
🔻 THE CRISIS: WHAT’S BROKEN
Near-total cash reliance
- Weak digital infrastructure
Low financial inclusion
Rampant corruption & money laundering
Public distrust of banks
Stalled private sector growth
🧠 WHY IT MATTERS
Iraq’s economy is choking under outdated systems and lack of trust.
No modern economy can thrive without transparent, digital, and secure banking infrastructure.
✅ THE SOLUTION: A COMPLETE OVERHAUL
Al-Tamimi calls for radical and immediate reform, including:
🔹 Upgraded banking tech & digital services
🔹 Stronger anti-money laundering tools
🔹 Global standards for governance & transparency
🔹 Government + Central Bank + international coordination
🔹 Rebuilding public trust in financial institutions
🧱 Quote:
“This is the cornerstone of any successful reform.”
⏳ WHY NOW?
With mounting economic and security pressures, Iraq can no longer afford half-measures.
A strong, globally-aligned banking system is essential to unlock growth, attract investment, and restore public confidence.
🔗 STAY INFORMED – JOIN THE GLOBAL CURRENCY RESET MOVEMENT
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MARKZ: 💥“Oil Deals, Deadlines & RV Whispers: Is the Reset Closer Than We Think?”⏳🔥
💥“Oil Deals, Deadlines & RV Whispers: Is the Reset Closer Than We Think?”⏳🔥
Coffee with MarkZ & Mr. Cottrell - Highlights (08/14/2025)
Summary by PDK – Not verbatim
🔹 BIG BREAKING:
🛢️ Baghdad & Kurdistan officially signed the oil export agreement.
📦 Iraq will export oil to Syria and is building new pipelines = major revenue shift!
🔹 Banking Alert:
🏦 CBI is working with Oliver Wyman on reforms—rumor says they’ve got < 20 days to finalize big changes.
🌍 This ties Iraqi banks to the international system = higher currency value expected.
🔹 Countdown Clock?
🕰️ U.S. reportedly gave Iraq 20 days to implement monetary reforms.
🧮 Still unclear when the clock officially started ticking…
🔹 Currencies in the 1st Basket?
💵 MarkZ is confident in: Iraq, Vietnam, Indonesia.
📜 Other potential mentions: US, UK, Kuwait, Canada, China, Venezuela, Zimbabwe, and more.
🔹 RV Rumors
🔮 Some say we may wait until after Labor Day—others hope for end-of-August action.
🙏 “Just have mustard seed faith”—community holding strong!
🔹 Quiet Before the Storm?
🤫 No major bond or banking chatter—could it be NDA silence?
📌 No Podcast Friday – Back Saturday & Monday!
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Wednesday, August 13, 2025
💥 Iraqi Banking Crisis: 10 Banks Fail to Return Deposits, 80% of Currency Held Outside Banks
💥 Iraqi Banking Crisis: 10 Banks Fail to Return Deposits, 80% of Currency Held Outside Banks
(August 12, 2025 | Baghdad Today)
⚠️ Key Points:
80% of Currency Outside Banks:
Central Bank Governor Ali Al-Alaq confirms that about 80% of Iraqi currency is kept outside banks, mostly in homes, due to low public confidence in the banking system.Banking Reform Plan 2025:
The Central Bank’s 2025 reform document aims to modernize Iraqi banks to meet international standardsand attract global partnerships.Partial Resistance, Major Collapse:
Only 10% of banks have expressed reservations about the reform plan.
Meanwhile, 10 banks face liquidation because they cannot return customer deposits.Strategic Reform Effort:
The reform is seen as a critical step to rebuild trust and fix long-standing issues in the banking sector.
Source: Baghdad Today
📲 Follow for Real-Time Updates:
🔥 Frank26 Iraq Boots-on-the-Ground Report: Currency & Banking Reform Update
🔥 Frank26 Iraq Boots-on-the-Ground Report: Currency & Banking Reform Update
⚡ Key Highlights:
80% of Currency Outside Banks:
Central Bank Governor Al-Alaq confirmed on TV that 80% of Iraqi currency is held outside banks, highlighting the deep lack of public trust in the banking system.Currency Value is Key:
Frank26 emphasizes that the only way to bring that currency back into the system is by increasing the value of the Iraqi dinar.Banking Reforms Promised to Boost Value:
Finance Minister Sudani recently stated that ongoing banking reforms will raise the Iraqi dinar’s value.Past Promises Missed:
Last year, Sudani promised that the dinar would gain purchasing power before the end of the year, but it didn’t happen.Hope on New Leadership:
In January 2025, Iraq got a new president, which many believe was the missing piece needed to push reforms forward.
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Frank26
[Iraq boots-on-the-ground report]
FIREFLY:Alaq on TV saying on the news conference that 80% of our currency is held outside of our banks. It's no longer an issue with what we hold inside of Iraq.
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