Al-Alaq urges Türkiye to open accounts for Iraqi banks

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Al-Alaq urges Türkiye to open accounts for Iraqi banks

The Governor of the important bank of Iraq, Ali Mohsen Al-Alaq, entreated Turkish banks on Wednesday to open accounts for Iraqi banks to make bigger financing channels for uploading goods and services among the 2 countries, stressing cooperation within the field of settlements for customers of Iraqi cards in Türkiye.

This came in the course of a meeting between Al-Alaq and the accompanying delegation together with his counterpart, the Governor of the significant bank of Turkey, Fatih Karahan, in Istanbul, in line with a announcement issued by way of the important bank of Iraq.

The announcement stated that the 2 events mentioned the launch of latest direct mechanisms for change transfers between Iraq and Turkey, marking the beginning of a new section in strengthening banking family members between the two neighboring countries.

The statement quoted Al-Alaq as announcing that the Turkish crucial bank supports the stairs of the Iraqi significant bank in regulating financial operations between the two nations in a way that contributes to facilitating commercial transactions.

In a separate meeting, Governor Ali Mohsen Al-Alaq and his accompanying delegation met with the general administrations of the branches of Turkish banks working in Iraq, stressing the need to enlarge fruitful alternate options among the two nations, specially inside the banking quarter.