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The Central Bank of Iraq: a list of Iraqi banks that have obtained the classification of accredited international agencies

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The Central Bank of Iraq announced, on Wednesday, that Iraqi banks have obtained a classification from international agencies.

And the bank stated in a statement, that “Nass” received a copy of it, (20 October 2021), that “in the framework of the efforts made by the Central Bank of Iraq to develop the Iraqi banking sector and keep it in line with international standards, 19 licensed banks in Iraq obtained a rating from rating agencies.” accredited international: (Capital Intelligence - Fitch - Moody's - Standard & Poors), and these banks will receive several banking facilities, which reflects the development of the performance of the banking sector in Iraq and the solvency of banks and is evidence of their compliance with local and international standards.

The statement noted that "the Central Bank seeks to increase the ability of Iraqi banks to expand their network of relations with international banks and enhance the confidence of citizens and investors in them, especially after their success in obtaining such ratings.