My FX Buddies
My FX Buddies
Tish Washington
Behind the London Dialogue: FROM BANK REFORM TO BAGHDAD'S REVIVAL
36 minutes Posted Jun 14, 2026 at 11:10 pm.
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A recent banking dialogue held in London is drawing attention to some of the https://www.myfxbuddies.com/2026/06/behind-london-dialogue-from-bank-reform.htmlbiggest challenges facing Iraq's financial sector.According to economist Ziad Al-Hashemi, discussions involving the Central Bank of Iraq, Iraqi banks, and international consultants focused on ongoing banking reforms, compliance standards, and the continued restrictions affecting some Iraqi banks.The session reportedly highlighted issues involving ownership structures, banking compliance requirements, and the concentration of dollar transfer operations among a limited number of institutions.At the same time, participants discussed progress in banking reforms and the possibility that future developments could expand international banking activity beyond dollar transactions.The discussion also brought attention to the Association of Iraqi Private Banks and its role in helping restore historic areas of Baghdad, including Al-Rashid Street and Al-Mutanabbi Street.In this video, we break down the key points from the London dialogue and what they could mean for Iraq's banking future.