Saturday, August 16, 2025

Central Bank of Iraq Discusses Banking Reform Plan with Oliver Wyman

 Central Bank of Iraq Discusses Banking Reform Plan with Oliver Wyman

On Tuesday, Governor Ali Al-Alaq of the Central Bank of Iraq (CBI) met with representatives from Oliver Wyman, the global consulting firm, to review and discuss the banking reform plan submitted by the Iraqi Private Banks Association. This is part of ongoing efforts to modernize Iraq’s banking sector and align it with international standards.

Key Points from the Meeting:

  • The CBI completed a thorough discussion where all parties showed a clear understanding of the reform plan’s key points.

  • Flexibility will be applied to some provisions to facilitate smoother implementation.

  • Oliver Wyman is actively exploring the best approaches and solutions to support the reform process.

Objectives of the Reform Plan:

  • Build and stabilize the Iraqi banking sector to operate safely and effectively.

  • Enhance governance, compliance, and risk management aligned with both international practices and Iraqi laws.

  • Transition banks toward a stronger economic role supporting national development.

  • Improve service quality and operational efficiency using modern technology and best practices.

Expected Outcomes:

  • Restore and strengthen confidence in Iraq’s banking sector locally and internationally.

  • Renew banking relationships with globally accredited correspondent banks, especially for banks currently lacking such connections.

This reform plan marks a significant step toward a modern and resilient financial system in Iraq.

Stay updated and follow for more news:
🌐 dinarevaluation.blogspot.com
📲 Telegram: t.me/DINAREVALUATION
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MNT GOAT: 🚨 “THE RV IS IN SIGHT: CBI Moves Closer to Deleting the Zeros!” 💥💰📈

 MNT GOAT: 🚨 “THE RV IS IN SIGHT: CBI Moves Closer to Deleting the Zeros!” 💥💰📈

August 2025 – Major Progress Confirmed on Iraqi Dinar Reinstatement

🧠 What You Need to Know — Status of the RV

  • 🔥 Confirmed by a trusted CBI contact during a live call from Iraq:
    The recent article about the Digital Security Platform is a key step in the Project to Delete the Zeros.

  • 📦 80% of IQD is still outside the banking system —
    The CBI is urgently working to bring hoarded cash into banks to support:

    • The  Development Road Project

    • Upcoming loan disbursements

    • And ultimately, the currency redenomination

  • 👩‍💼 Contact revealed she’s back on the committee to roll out the next project phase

    , possibly in September or October 2025

⚖️ Banking Reforms & August 31 Deadline

  • 🏦 10 small private banks under pressure to comply with Oliver Wyman-led reforms

  • ⏳ The August 31st deadline is not final — they have until December 31st if they show progress

  • 🛑 Banks that fail could face insolvency or bankruptcy

🚨 Why This Is HUGE for Investors

  • 📅 Timeline echoes Dr. Shabibi’s 2012–2013 plan:
    Redenomination by end of 2025, RV possibly by January 2026

  • 📉 The parallel market is now under control — a key condition CBI set before deleting the zeros

  • 🔁 Iraqis will need 3–4 months to exchange old notes for new lower denominations

  • 📊 CBI and IMF will monitor inflation and market reactions

🪙 New Notes & Coins Already Printed

  • ✅ Articles confirmed new notes & coins exist

  • 📢 CBI to begin public education campaign soon

  • 💱 This is not like Iran — Iraq’s redenomination will require a significant rate adjustment, not due to hyperinflation, but to reflect real value

“No one will exchange 3-zero notes unless the Dinar is worth more than a dollar — and they know it.”

🔒 In-Country Only — For Now

  • 🇮🇶 The new rate will start in Iraq only (not yet international)

  • 🌍 But once active, the Dinar could appear on FOREX at any time —
    👉 That’s when investors should watch closely and prepare

🙌 Final Thought

“This isn’t just another rumor. The CBI is clearly and confidently moving forward with the RV process. Stay grounded, stay patient, and stay informed.”

📲 Follow for Real-Time IQD & RV Intel:

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🔥 Global Shockwave Incoming: Iraq’s RV, Bonds & Reset Timeline EXPOSED! ⏳🇮🇶 “Massive moves within days…”

 


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⚠️🔥 “U.S. SANCTIONS LOOM OVER IRAQ IF PMF LAW PASSES, Warns Iraqi Politician Mithal al-Alusi” 🇮🇶🚫🇺🇸

 ⚠️🔥 “U.S. SANCTIONS LOOM OVER IRAQ IF PMF LAW PASSES, Warns Iraqi Politician Mithal al-Alusi” 🇮🇶🚫🇺🇸

Iraqi politician Mithal al-Alusi issued a stark warning: if Iraq passes the controversial law formalizing the Popular Mobilization Forces (PMF / Hashd al-Shaabi), severe U.S. sanctions could follow — potentially causing a catastrophic impact on Iraq’s economy.

🛑 What’s happening?

  • Al-Alusi accuses senior Iranian official Ali Larijani of pressuring Iraqi political factions to pass the law, which would cement the influence of Iran-backed militias.

  • He claims these groups operate as an “Iranian extension” inside Iraq, similar to Hezbollah’s role in Lebanon, ignoring Iraqi government authority.

  • The legislation aims to secure a massive budget of $2 to $3 billion for these militias — far exceeding the budget of the Kurdistan Region.

⚠️ Risks and consequences

  • U.S. sanctions could target the Iraqi state and hurt ordinary citizens, while corrupt politicians with overseas assets remain unaffected.

  • Al-Alusi warns Iraq could be dragged into unwanted regional conflicts amid tensions between Israel and Iran.

  • He denounces these militias for illegal activities, including drug trafficking and law violations, and criticizes the government’s lack of control.

✊ Key message:

Al-Alusi urges Iraq not to become a battleground for Iran’s failed wars and calls on the government to clarify any new security agreements with Tehran. Iraq’s stability and sovereignty are at stake.

📢 Stay informed with the latest updates and analysis here:
🌐 BLOG: https://dinarevaluation.blogspot.com/
📲 TELEGRAM: https://t.me/DINAREVALUATION
📘 FACEBOOK: https://www.facebook.com/profile.php?id=100064023274131
🐦 TWITTER/X: https://x.com/DinaresGurus
▶️ YOUTUBE: https://www.youtube.com/@DINARREVALUATION

🔎 Iraq is at a critical crossroads. We’ll keep you updated on any new developments.

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MILITIAMAN: 🚨 “Execution Phase Engaged: Iraq’s Banking Overhaul Signals Redenomination + Revaluation!” 💥💰🌍

MILITIAMAN: 🚨 “Execution Phase Engaged: Iraq’s Banking Overhaul Signals Redenomination + Revaluation!” 💥💰🌍

Militia Man Intel | August 2025 Update

🧠 Doubt the RV? Think Again.

🎙️ Militia Man:

“A lot of people think this won’t happen anytime soon. But what they don’t realize is… we’re already in the execution phase.”

🏦 CBI + Oliver Wyman = Strategic Precision

📅 Over a year of planning has led to:
✅ A stable, secure, and flexible banking system


✅ Alignment with international standards
✅ Full compliance with Iraqi law
✅ Active push toward global financial integration

🔐 Includes the new Security Clearance Platform now live — a major technical prerequisite for a redenomination.

💸  Redenomination + Real Value = Revaluation

🧾 Iraq has low inflation, a key signal for a healthy monetary shift.
📉 1310 IQD per USD is NOT the real fundamental value.
🏦 A real effective exchange rate must be based on real assets, and Iraq has them — oil, gold, trade leverage, and growing reserves.

📊 Evidence Is Clear & Public

“The proof isn’t just my opinion — it’s in official articles, press releases, and strategy documents from the CBI.”

🌍 Meetings with Oliver Wyman, one of the world’s top financial institutions, reinforce the CBI’s trajectory toward redenomination and revaluation.

💡 What This Means for Investors:

🚀 Iraq is further along than most ever believed.
🧩 All key pieces — stability, legal framework, compliance, reform, and global infrastructure — are now locking into place.

⏳ Now is the time to watch closely.
We are no longer in theory — we are in implementation.

📢 Follow for real-time updates & RV intel:
🌐 BLOG: https://dinarevaluation.blogspot.com/
📲 TELEGRAM: https://t.me/DINAREVALUATION
📘 FACEBOOK: https://www.facebook.com/profile.php?id=100064023274131
🐦 TWITTER/X: https://x.com/DinaresGurus
▶️ YOUTUBE: https://www.youtube.com/@DINARREVALUATION

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💥 CBI’s New Digital Platform: A Smokescreen for Dinar Redenomination? 🏦🔐👀 #iqd #iraq

 


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🚀🏦 “IRAQ LAUNCHES MAJOR PRIVATE BANKING REFORM: Modernizing Finance for a Stronger Economy!” 🇮🇶💥

 🚀🏦 “IRAQ LAUNCHES MAJOR PRIVATE BANKING REFORM: Modernizing Finance for a Stronger Economy!” 🇮🇶💥

April 7, 2025 | Central Bank of Iraq & Oliver Wyman

🔥 Game-Changer Alert for Iraq’s Private Banking Sector!

The Central Bank of Iraq (CBI), backed by the government and consulting giant Oliver Wyman, just announced a comprehensive reform plan to modernize Iraq’s private banking system — a move designed to boost economic growth, expand financial inclusion, and deliver better returns to shareholders.

🎯 What’s in the Plan?

  1. Expand Financial Inclusion — Bringing banking services to all Iraqis like never before.

  2. Boost Efficiency & Productivity — Upgrading banking operations and services.

  3. Fair & Competitive Market — Promoting transparency and stability, while managing risks.

🛡️ Key Pillars of Reform:

  • Ownership & Governance: Preventing excessive control by any single entity; ensuring competent, independent leadership.

  • Sustainable Business Models: Banks must align services with Iraq’s economic needs and provide detailed strategic plans.

  • Strong Financial Metrics: Capital adequacy and liquidity will follow global best practices.

  • Risk & Compliance: Advanced anti-money laundering (AML) and counter-terror financing (CFT) measures, plus increased transparency.

🚀 What’s Next?

  • Reform will roll out in stages with compliance assessments starting Q1 2026.

  • CBI will provide detailed guidelines, support, and workshops to prepare banks.

  • All private banks will be required to commit and participate actively.

🌟 Why It Matters:

This modernization drive strengthens Iraq’s financial backbone, paving the way for currency redenomination, revaluation, and global economic integration.

📢 Stay informed and ahead of the game!
Follow my channels for the latest RV updates and insider insights:

🌐 BLOG: https://dinarevaluation.blogspot.com/
📲 TELEGRAM: https://t.me/DINAREVALUATION
📘 FACEBOOK: https://www.facebook.com/profile.php?id=100064023274131
🐦 TWITTER/X: https://x.com/DinaresGurus
▶️ YOUTUBE: https://www.youtube.com/@DINARREVALUATION

⏳ The future is bright — Iraq’s banking sector is evolving fast!
Let’s watch this space for the next big RV moves.

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