The Central Bank of Iraq said reports that the Bank of Baghdad has suspended dealing in USD or halted foreign reinforcements related to foreign remittances are untrue, and that the bank continues to operate normally in line with Central Bank instructions and controls, describing it as a solvent and reputable institution within the banking sector.
Central Bank of Iraq 2025-08-06
Central Bank of Iraq denies reports of Bank of Baghdad suspending USD dealings and foreign remittance support
The Central Bank of Iraq refuted claims that the Bank of Baghdad has ceased USD transactions or foreign remittances, affirming the bank's normal operations and compliance with Central Bank regulations.