Wadee Al Handal and Government Officials Discuss Strategies for Advancing Iraq’s Financial Sector

Wadee Al Handal, Chairman of Al Handal International Group and President of the Iraqi Private Banks League, met with Prime Minister Advisor Mr. Muhammad Sahib Al-Darraji, joined by representatives from Cihan Bank, the Region, the Iraqi Trade Bank, and the Iraqi Company for Financing Small and Medium Enterprises. The meeting explored ways to advance Iraq’s banking sector, diversify banking services, and expand financial inclusion through initiatives like the “My Account” project in the Kurdistan Region.

Mr. Al-Darraji emphasized the importance of expanding private sector lending for strategic projects that support Iraq’s growth. Wadee Al Handal highlighted the sector’s role in supporting state initiatives, including a streamlined salary localization system and closer international banking partnerships.

These collaborative efforts mark a commitment to transforming Iraq’s banking landscape and building a more inclusive, resilient economy for all.