Importing dollar to three private banks approved: CBI

INA-  BAGHDAD


Central Bank of Iraq CBI issued official approvals to three Iraqi private banks to import US dollars to meet the needs of citizens, stressing that the shipment of one of the banks has already arrived in Iraq, a government source revealed on Wednesday.
 
The source told the Iraqi News Agency INA that  "CBI issued during the past two days, official approvals for three Iraqi private banks to import US dollars to meet the need of their customers of this currency and amounts of up to 100 million dollars," stressing that "the shipment of one of the banks has already arrived in Iraq."
The source also said that "There are requests from other banks in the process of being submitted for decision by the Central Bank of Iraq."
 
The source affirmed that “the Trade Bank of Iraq TBI is currently in important discussions with several international companies to transfer amounts of up to $ 120 million, which are on their way to completion in the next few days."