Mr. Wadee Al Handal, President of the Iraqi Private Banks League and Chairman of Al Handal International Group, concluded a two-day official working visit to London as part of a high-level Iraqi banking delegation focused on strengthening international financial cooperation and supporting the integration of Iraqi banks into the global financial system.

The delegation, which included representatives from the Iraqi government, the Central Bank of Iraq, and private banks, participated in a series of meetings coordinated between the Iraqi Private Banks League and the UK Foreign Office, in cooperation with Hogan Lovells. Discussions explored opportunities for joint cooperation and financial partnerships that support the national economy.

As part of the visit, the delegation participated in a discussion hosted by Chatham House (The Royal Institute of International Affairs), attended by representatives from British and European banks alongside leading economic experts. Discussions highlighted the role of the Iraqi government in supporting ongoing banking reforms, plans to modernize the economy, and efforts to create a stable and attractive investment environment.

The delegation also visited the House of Commons, where meetings were held with parliamentarians specializing in economic affairs. Discussions focused on strengthening bilateral relations between Iraq and the United Kingdom and supporting sustainable development initiatives.

Commenting on the visit, Mr. Wadee Al Handal noted that it represents an important step toward strengthening the international financial community’s confidence in the Iraqi market. He also emphasized that banking reforms continue to receive direct government support and remain a key pillar in advancing the national economy, expressing optimism regarding future strategic partnerships that contribute to Iraq’s continued engagement with international markets.