Iraq's Banks Are About to Change as Bank Mergers Begin
Iraq's banking sector may be entering a major new phase.link to My FX Buddies The Iraqi government has approved a plan to modernize and restructure the banking sector, with potential bank mergers, tighter regulatory standards, restructuring of state-owned banks, and a possible reduction in the number of banks operating in Iraq.At the same time, international analysis suggests that these reforms could create new opportunities for regional and Gulf financial institutions looking to invest in Iraq's banking market.In this video, we examine what could become one of Iraq's biggest banking…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.