Wadee Al Handal Attends Meeting with Iraqi Prime Minister to Discuss Banking Sector Development

Wadee Al Handal, Chairman of Al Handal International Group and President of the Iraqi Private Banks League, recently attended a meeting with the Prime Minister of Iraq, Mohammed Shia Al-Sudani, alongside several directors from the League.

The meeting addressed the significance of aligning Iraqi banks with financial standards to contribute to the country’s growth. Discussions highlighted efforts to build stronger connections between Iraqi banks and international financial institutions, including Arab and foreign banks.

A higher committee will be established to guide the banking sector in meeting international financial standards, in line with global practices. Additionally, the Central Bank’s collaboration with Oliver Wyman Company was noted as a key initiative to strengthen Iraq’s financial infrastructure.

The meeting concluded with directives aimed at fostering relationships with investors and financial institutions, as well as plans to present a draft resolution to the Council of Ministers to support banking sector advancements.