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The Governor of the Central Bank meets in Istanbul with his Turkish counterpart and the directors of some Turkish banks
November 14, 2024
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, and his accompanying delegation met with his counterpart, the Governor of the Central Bank of Turkey, Mr. Fatih Karhan, in Istanbul.
The two parties discussed the launch of new direct mechanisms for trade transfers between Iraq and Türkiye, marking the beginning of a new phase in strengthening banking relations between the two neighboring countries.
During the meeting, His Excellency the Governor
emphasized cooperation in the field of settlements for Iraqi card users in Turkey, and
urged Turkish banks to open accounts for Iraqi banks to expand channels for financing the import of goods and services from neighboring Turkey.
His Excellency added that the Turkish Central Bank supports the steps of the Iraqi Central Bank in organizing financial operations between the two countries in a way that contributes to facilitating commercial transactions.
In a separate meeting, His Excellency Governor Ali Mohsen Al-Alaq and his accompanying delegation met with the general administrations of Turkish bank branches operating in Iraq, stressing the need to expand fruitful trade options between the two countries, especially in the banking sector.
Central Bank of Iraq
Media office
November 14, 2024
https://cbi.iq/news/view/2711
November 14, 2024
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, and his accompanying delegation met with his counterpart, the Governor of the Central Bank of Turkey, Mr. Fatih Karhan, in Istanbul.
The two parties discussed the launch of new direct mechanisms for trade transfers between Iraq and Türkiye, marking the beginning of a new phase in strengthening banking relations between the two neighboring countries.
During the meeting, His Excellency the Governor
emphasized cooperation in the field of settlements for Iraqi card users in Turkey, and
urged Turkish banks to open accounts for Iraqi banks to expand channels for financing the import of goods and services from neighboring Turkey.
His Excellency added that the Turkish Central Bank supports the steps of the Iraqi Central Bank in organizing financial operations between the two countries in a way that contributes to facilitating commercial transactions.
In a separate meeting, His Excellency Governor Ali Mohsen Al-Alaq and his accompanying delegation met with the general administrations of Turkish bank branches operating in Iraq, stressing the need to expand fruitful trade options between the two countries, especially in the banking sector.
Central Bank of Iraq
Media office
November 14, 2024
https://cbi.iq/news/view/2711
