Baghdad: Bank of Baghdad, one of the first Iraqi banks, affirmed its commitment to its professional approach, which it has maintained since its establishment decades ago. This approach is based on trust, sound governance, and strict adherence to the regulations and instructions issued by the Central Bank of Iraq and local and international regulatory bodies.

According to National Iraqi News Agency, in an official statement issued today, Friday, in response to reports circulating on social media platforms regarding US restrictions on financial deposits held by the bank, the bank’s management stated that it “continues to strengthen its position as a leading financial institution in developing banking services and supporting the national economy.”

The statement added that “Bank of Baghdad will remain close to its clients and partners, interacting with them transparently and responsibly, and continuing to provide safe and reliable services that comply with the highest standards of governance and compliance.”