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Fri. PM TNT News Articles from Iraq 6-9-23

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TNT

Tishwash:
JP Morgan: We are ready to support Iraqi banks in financing foreign trade in dollars

Meeting with the Governor of the Central Bank JP Morgan: We are ready to support Iraqi banks in financing foreign trade 

The Governor of the Central Bank meets with the Vice President of JPMorgan Bank

JP Morgan: We are ready to support Iraqi banks in financing foreign trade in dollars

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al Allaq, met with the Vice President of the US JP Morgan Bank, Mr. (Daniel .Zeliko) in Baghdad

The two parties discussed ways of cooperation between JP Morgan Bank and the Central Bank of Iraq, and the American bank’s willingness to support a number of Iraqi banks in financing foreign trade operations in .the US dollar

Mr. Zelikow praised the recent measures taken by the Central Bank of Iraq in the field of combating money laundering and t*******t financing and the .adoption of international standards in money transfers

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His Excellency the Governor of the Central Bank of Iraq called on Mr. Zeljko to open a representative office in Iraq, promising him to provide the necessary support to facilitate this step, as it represents positive repercussions on the Iraqi economy in general, and the banking sector in particular, while the meeting touched on joint cooperation in the fields of .investment management and technical support. training, in various fields

It is noteworthy that JPMorgan Bank is the largest US bank in terms of .financial assets, with assets amounting to about $4 trillion

Central Bank of Iraq information

Office June – 2023 -9   link

Source: Dinar Recaps

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