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Arabian Gulf Business Insight on MSN15h

Iraq shuts 10 banks in restructuring scheme

Iraq has ordered the liquidation of 10 of its banks as part of plans to restructure its financial sector after some failed to return funds to depositors, the governor of the Central Bank of Iraq (CBI) ...
By bna Cairo bureau The Central Bank of Iraq (CBI) held talks with global consultancy Oliver Wyman to examine a banking reform plan proposed by the Iraqi Private Banks Association to advance sector ...