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Riyadh – Mubasher: The Saudi Central Bank hosted on Wednesday, October 20, 2021 AD, the meeting of the Financial and Banking Committee of the Saudi-Iraqi Coordination Council .
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The Saudi Central Bank stated, in a statement, that the meeting reviewed a number of issues of common interest, and ways to develop banking and financial relations in the two countries .
In the context of developing direct cooperation between the two central banks and activating banking relations, and the desire of the Iraqi side to benefit from the expertise of the Saudi Central Bank, the bank held a meeting with the Iraqi delegation, during which discussions and opinions were exchanged in a number of areas within the tasks and responsibilities of the central banks .
The Saudi Central Bank pointed out that the discussions aim to enhance the stability and durability of financial institutions, in addition to discussing the latest developments in the financial sector. This includes digital banks .
The Saudi side in the meeting, according to a statement from the Saudi Central Bank, was headed by the Deputy Governor of the Saudi Central Bank, Ayman bin Muhammad Al-Siyari, while the Iraqi side was headed by the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mokhief .
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