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[size=36]He revealed the details of an agreement between the Central Bank and the American “J. Morgan” bank[/size]
Economie| 10:53 - 11/02/2023
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Baghdad - Mawazine News,
the Governor of the Central Bank of Iraq, Ali Al-Alaq, met, on Saturday, the Vice Chairman of the Board of Directors of the JPMorgan Corporation, Daniel Zeliko, on the sidelines of his visit to Washington.
According to a statement by the Central Bank, "During the meeting, it was agreed that JPMorgan Bank would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly."
And the statement continued, "A number of issues related to reserves management, liquidity management, and technical support provided by the aforementioned bank to the Central Bank of Iraq and to the banking sector in Iraq were also discussed."
The statement quoted Al-Alaq as saying, "The Central Bank of Iraq is committed to applying international standards in combating money laundering and financing terrorism," stressing, "Strengthening the Central Bank of Iraq's relations with its counterparts in countries of the world to serve the work and development of the Iraqi banking sector."
the Governor of the Central Bank of Iraq, Ali Al-Alaq, met, on Saturday, the Vice Chairman of the Board of Directors of the JPMorgan Corporation, Daniel Zeliko, on the sidelines of his visit to Washington.
According to a statement by the Central Bank, "During the meeting, it was agreed that JPMorgan Bank would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly."
And the statement continued, "A number of issues related to reserves management, liquidity management, and technical support provided by the aforementioned bank to the Central Bank of Iraq and to the banking sector in Iraq were also discussed."
The statement quoted Al-Alaq as saying, "The Central Bank of Iraq is committed to applying international standards in combating money laundering and financing terrorism," stressing, "Strengthening the Central Bank of Iraq's relations with its counterparts in countries of the world to serve the work and development of the Iraqi banking sector."
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