Iraqi banks get a classification of international agencies
October 20, 2021
As part of the efforts of the Iraqi Central Bank for the development of the Iraqi banking sector and its international standards, 19 bank licensed banks on the classification of certified international classification agencies: (Capital Intelligence - FITCH - Moody's - Standard & Poors),
Those banks will receive several banking facilities, reflecting the development of the performance of the banking sector in Iraq and sanctions and is evidence of its compliance with local and international standards.
The central bank is seeking to increase the capacity of Iraqi banks to expand its network of international banks and enhance the confidence of citizens and investors, particularly after success in obtaining such classifications.
Central Bank of Iraq
20 October 2021