During the recent visit of the Iraqi banking delegation to London, a series of specialized meetings were held to discuss developments in Iraq’s financial and banking reform agenda and opportunities to strengthen international financial cooperation.

The meetings, coordinated between the Iraqi Private Banks League (IPBL) and the British Embassy and hosted by Hogan Lovells, brought together representatives from the Iraqi and UK financial sectors, including the Advisor to the Iraqi Prime Minister for Banking Affairs, the Central Bank of Iraq, international banks, and investment institutions. Discussions focused on Iraq’s ongoing banking reforms and efforts to align the sector with international standards.

Mr. Wadee Al Handal, President of the Iraqi Private Banks League and Chairman of Al Handal International Group, attended the meetings as part of the Iraqi banking delegation, alongside other representatives from Al Handal Group.

The discussions explored ways to strengthen cooperation between Iraqi and international financial institutions, support the modernization of banking services, and enhance the integration of Iraqi banks into the global financial system. Participants also examined opportunities to facilitate investment and trade and expand partnerships with international financial markets.

The program included a specialized technical session with international financial institutions, compliance experts, and representatives from the UK Department for Business and Trade (DBT), focusing on international banking standards and practical pathways for deeper cooperation between Iraqi banks and global financial institutions.

The meetings reflected ongoing efforts to advance Iraq’s banking reform agenda and strengthen partnerships that support the long-term development of the country’s financial sector.