In cooperation with the Central Bank of Iraq, the Iraqi Private Banks League organized an expanded technical dialogue session on Thursday to discuss investment mechanisms in securities issued by the Central Bank, under the patronage of the monetary authority and in the presence of Dr. Ammar Khalaf, Deputy Governor at the Central Bank, representatives of the Liquidity Management and Monetary Operations Office, and banking sector officials.

The session addressed the technical and practical aspects of investment instruments, while responding to banks’ inquiries in a way that enhances mutual understanding and strengthens engagement with these financial tools.

During the session, Dr. Ammar Khalaf, Deputy Governor at the Central Bank, stressed the critical importance of liquidity management for banks and its direct positive impact on the national economy.

He noted that the Central Bank had launched a package of effective strategies, foremost among them “financial inclusion,” which aims to strengthen banking services and attract cash liquidity from outside the formal banking system.

A new strategy designed to manage and invest liquidity more efficiently was announced by Ahmed Ibrahim, Director of the Liquidity Management and Monetary Operations Office at the Central Bank.

He said, “The strategy seeks to ensure that no opportunity is missed in employing banks’ funds, while simultaneously working to attract greater deposit volumes.”

He added, “Investment in these securities is highly viable, given that the monetary policy rate stands at 6.25 percent, while inflation rates remain below 2 percent.”

“This session comes as part of the League’s ongoing commitment to strengthening frameworks of cooperation and high-level coordination between the Central Bank of Iraq and the private banking sector. We continuously seek to empower our banks to invest their available liquidity through the best possible channels by utilizing the safe and profitable financial instruments offered by the Central Bank,” said Ali Tariq, Executive Director of the Iraqi Private Banks League.

He added, “These steps not only strengthen the financial positions of banks, but also contribute effectively to achieving monetary stability and supporting the country’s economic development if adopted in accordance with globally recognized institutional standards.”