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The central bank denies the issuance of a decision to reduce the capital of gold trading companies.

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31/10/2026 | 04:07 PM

The Central Bank of Iraq denied today, Saturday, the issuance of a decision to reduce the capital of gold trading companies.

The bank stated in a statement received by "Video News Agency" that it "denies what some media platforms and social media sites have circulated regarding the issuance of a decision to reduce the minimum capital requirements for gold trading companies, as well as the figures and details related to the classification of these companies and their operational requirements."

It confirmed that "what has been published on some social media platforms in this regard is incorrect, and no decision has been issued by the bank concerning the mentioned amendments," calling on media outlets to rely on the information issued by the bank through its official platforms, and to be accurate in reporting news related to the financial and banking sector."