In confirmation of its pivotal role in protecting the financial system and ensuring a sound banking sector based on competitiveness and providing the best traditional and digital financial services, the Central Bank of Iraq would like to brief the public and the generous public and reassure them with the following facts:
The fact that the Central Bank of Iraq applies its powers of imposing supervisory committees or guardianship on a bank directly authorized by the central bank (does not mean the bank's bankruptcy), as has been spread in some media outlets, but these are legal precautionary control measures to ensure the safety of the bank and the stability of its operations in general and protect the rights of depositors in particular.
The Central Bank of Iraq applies the best international banking standards to the banking sector to ensure its safety, compliance and provision of the best financial services without prejudice to the rights of its Depositor customers.
https://cbi.iq/news/view/3309
5September 5, 2026 984 5
