vital bank of Iraq (CBI) Governor Ali Mohsen Al-Alaq has met Bilal Al-Saghir, the worldwide Finance organisation’s (IFC) Resident consultant in Iraq, to discuss strengthening bilateral family members, specially in education Iraq’s banking zone team of workers. The parties intend to sign a Memorandum of understanding on the problem inside the coming length.
in addition they discussed an offer to set up a leasing finance agency with each local and overseas participation, aimed at assisting startups and small- to medium-sized establishments by way of supplying bendy financing for property along with commercial equipment, motors, places of work, and warehouses.
The meeting in addition addressed the CBI’s ongoing banking reform plan, carried out with assistance from Oliver Wyman and in step with international standards, to beautify the arena’s international status and repair several Iraqi banks’ capability to have interaction in worldwide transactions.