| Banking Laws
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The Central Bank of Iraq Law was issued March 6, 2004. Among its objectives are achieving and sustaining domestic price stability, and promoting a competitive and stable financial system. In meeting these objectives, the Central Bank will support sustained growth and economic opportunity for the people of Iraq.
The Banking Law was issued September 19, 2003. The law brings Iraq’s legal framework for banking in line with international standards, and seeks to promote confidence in the banking system by establishing a safe, sound, competitive and accessible banking system.
The Central Bank of Iraq has the pleasure to issue a letter of instructions in implementation of the Central Bank of Iraq Law and banking Law to achieve Monetary ,Credit and banking policies in supporting National Economy and Supervision of Banks.
The Central Bank of Iraq announces receiving foreign and Arab banks licensing applications to practice their operations in Iraq according to the provisions stated hereunder .
Information on Private & Public Banks operating in Iraq & the process of licensing.
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