VOL. XLVI

No 45

10-November-2003

IRAQ RECONSTRUCTION

Central Bank Of Iraq Requests Foreign Banking License Applications

The Central Bank of Iraq (CBI) has outlined plans on the Coalition Provisional Authority (CPA) website (www.coalitioniraq.org - the CBI does not yet have a functioning website) to select a limited number of foreign banks that will be granted a banking license to operate in the country. Under its new Iraq Banking Law (MEES, 6 October) the CBI has the authority to grant licenses to...