Is Iraq Cleaning House? Iraqi Banking Reform 2025

My FX Buddies · Aug 7, 2025 · 25m

Iraq’s banking system is undergoing its biggest shake-up in decades.

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Under the leadership of the Central Bank of Iraq (CBI) and in partnership with global firm Oliver Wyman, a sweeping reform plan is rolling out that will force banks to either reform, merge, or liquidate by 2028.

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