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The Governor of the Central Bank meets with the Vice President of JPMorgan Bank

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The Governor of the Central Bank meets with the Vice President of JPMorgan Bank

June 09, 2023
 

    His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Allaq, met with the Vice President of the American J.P. Morgan Bank, Mr. (Daniel Zeljko) in Baghdad.

    The two parties discussed ways of

cooperation between JP Morgan Bank and the Central Bank of Iraq, and the

American bank's willingness to support a number of Iraqi banks in financing foreign trade operations in the US dollar[/color].  

    Mr. Zelikow praised the recent measures taken by the Central Bank of Iraq in the field of

combating money laundering and terrorist financing and the adoption of
international standards in money transfers.

     His Excellency the Governor of the Central Bank of Iraq called on Mr. Zeljko to

open a representative office in Iraq,

promising him to provide the necessary support to facilitate this step, as

it represents
positive repercussions on the Iraqi economy in general, and the
banking sector in particular, while

the meeting touched on joint cooperation in the fields of

investment management and
technical support. training, in various fields.

It is noteworthy that

JPMorgan Bank is the largest US bank in terms of financial assets, with
assets amounting to about $4 trillion
.

   
    Central Bank of Iraq
    information Office
    9- June – 2023

https://cbi.iq/news/view/2353


 

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