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Central bank of Iraq is always busy in the betterment of the banking sector of Iraq. Every day the new positive things are seen in the central bank for the envelopment of banking sector and also the economy of Iraq. Central bank of Iraq took economy bank of Iraq in its guardianship for the investment point of view.

Iraqi Dinar 123 News:- The Central Bank of Iraq lifted the ban from Al-Ahli Bank of Iraq across the joint after Ivauh in providing administrative obligation to all the clients of the bank and the bank itself too.

Central bank of Iraq introduced some new rules for the improvement of banking sector of Iraq. Now local and international companies can claim its loss with the central bank of Iraq in the case of failure of commercial banks in the performance of contract. According to guardianship rule, central bank of Iraq is responsible for any negligence on the part of commercial banks in any of the contract with foreign companies.

Iraqi Dinar 123 News:- Central Bank of Iraq takes Bank of Economy of Iraq under its guardianship after receiving several complaints about the performance of bank of economy. Bank of economy committed breach of contract with several foreign and local companies that negatively impacted the overall goodwill of Iraq and its banking system.