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The Central Bank is exploring the possibility of opening branches of Turkish banks in Nineveh Governorate.
June 05, 2025
The Director General of the Central Bank of Iraq/Mosul Branch, Dr. Hussein Lazem, discussed with the Turkish Consul General, Serhad Varli, the possibility of opening branches of Turkish banks in Nineveh Governorate.
Lazem provided a detailed explanation of the Central Bank's operating mechanism in Nineveh Governorate and its role in achieving exchange rate stability.
The two sides also discussed ways of cooperation between the Central Bank of Iraq and its Turkish counterpart, as well as the Turkish Banking Authority, particularly regarding the opening of branches of Turkish banks in Nineveh Governorate.
The latest developments in the financial and banking sectors in Nineveh Governorate were also discussed, particularly the automation of customs duties.
The two sides stressed the importance of increasing cooperation to increase trade exchange between the two countries, as well as financing and supporting projects in Iraq in the fields of agriculture, industry, trade, and others.
Lazem provided a detailed explanation of the Central Bank's operating mechanism in Nineveh Governorate and its role in achieving exchange rate stability.
The two sides also discussed ways of cooperation between the Central Bank of Iraq and its Turkish counterpart, as well as the Turkish Banking Authority, particularly regarding the opening of branches of Turkish banks in Nineveh Governorate.
The latest developments in the financial and banking sectors in Nineveh Governorate were also discussed, particularly the automation of customs duties.
The two sides stressed the importance of increasing cooperation to increase trade exchange between the two countries, as well as financing and supporting projects in Iraq in the fields of agriculture, industry, trade, and others.
Central Bank of Iraq
Media Office
June 5, 2025
Media Office
June 5, 2025
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English (US) ·