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[size=36]The American Ambassador expresses her astonishment at the high confidence in the banking system in Iraq[/size]
Economy | 07:35 - 01/23/2024
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Mawazine News - Baghdad
The Ambassador of the United States of America, Elena Romanowski, expressed her astonishment at the progress made in the banking sector and the increase in the total number of bank accounts in Iraqi banks.
Romanowski said on her account on the “X” platform, “Data from the Central Bank of Iraq indicates that the total deposits held with Iraqi commercial banks increased by about 37% during the past two years, and from 2021 to 2022, the total number of people with a bank account in Local banks by 31%,” and commented on the matter, “It is impressive progress!”
She added, “By working with Iraq on reforms, we contribute to building confidence in the banking sector.” Modern banking services enable greater foreign investment and the protection of funds from financial crimes, theft and loss
Romanowski said on her account on the “X” platform, “Data from the Central Bank of Iraq indicates that the total deposits held with Iraqi commercial banks increased by about 37% during the past two years, and from 2021 to 2022, the total number of people with a bank account in Local banks by 31%,” and commented on the matter, “It is impressive progress!”
She added, “By working with Iraq on reforms, we contribute to building confidence in the banking sector.” Modern banking services enable greater foreign investment and the protection of funds from financial crimes, theft and loss
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