Iraqi banks and exchange companies fined 91 billion dinars over nine months.

The Central Bank of Iraq announced on Monday that it had imposed fines on banks and non-banking institutions (exchange companies) amounting to more than 91 billion Iraqi dinars over the first nine months of 2025.

A bank statistic, seen by Shafaq News Agency, showed that fines imposed on banks and financial companies during the past nine months, starting from January until the end of last September, amounted to 91 billion, 921 million, and 130 thousand dinars. The statistics also indicated that “the fines also included 98 administrative penalties for these banks and non-banking institutions, distributed between warnings, alerts, and grace periods.”

According to the bank, “these fines are down from the same period last year, which amounted to 199 billion, 889 million, and 755 thousand dinars, while penalties amounted to 221, distributed between warnings, cautions, and grace periods.”

The bank did not mention the names of the banks on which it imposed fines or administrative penalties.

It is noteworthy that the number of private banks amounts to approximately 51 banks, including 23 private commercial banks and 28 private Islamic banks.

Shafaq.com