The primary bank of Iraq (CBI) has announced the launch of the “Al-Samawal” campaign beginning on 1st September 2025, in cooperation with banks and electronic fee provider providers, as a part of the national financial Inclusion method (2025-2029).
The initiative pursuits to raise economic cognizance, offer loose financial institution account openings for traders and citizens, distribute and activate point-of-sale (POS) devices, and difficulty digital fee cards.
extra than 50 banks and 15 digital payment agencies are taking part, along the CBI’s financial Inclusion department and the “Wa’ayna” business enterprise for electronic payment attention. The marketing campaign seeks to lessen reliance on coins and stimulate virtual transformation in Iraq’s economic and industrial sectors.
according to the CBI statement, the campaign will goal key business areas in Baghdad, such as Al-Rasheed street, Bab Al-Sharqi, Shorja market, Al-Saray market, and Al-Mutanabbi avenue. activities will run for a complete month with huge participation from monetary and non-monetary establishments.
The CBI emphasised that this step is part of its commitment to constructing a extra inclusive and digitised economy, at the same time as improving the stability of Iraq’s financial machine.
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