ARTICLE AD BOX
The Central Bank directs banks not to suspend their work except by a decision from the Federal Government
The Central Bank of Iraq directed banks and financial institutions not to suspend their work except by a decision from the federal government, not by holidays granted by local governments.
Shafaq News Agency obtained a document signed by the acting deputy governor, Ammar Hamad Khalaf, and addressed to all authorized banks and non-banking financial institutions, which stated: “Based on Board of Directors Resolution No. (105) of 2025, it was decided that you (the general administration and branches) are committed to the official holidays determined exclusively by the federal government
In order to ensure the smooth flow of banking and financial services provided to citizens, and due to the nature of the connection between the work of various financial institutions and the work of this bank.”
Under this decision, all banks and financial institutions must adhere to official working hours when there is a holiday granted by the local governments in Baghdad and other provinces. link