yota691 Posted July 13, 2018 Author Report Share Posted July 13, 2018 Learn about the dollar exchange rate today in local trades 2018-07-12 13:11:06 BAGHDAD / BAGHDADIA - The Iraqi dinar exchange rate against the US dollar was recorded on Thursday, according to the following order: The price in Iraqi dinar per 100 US dollars Baghdad - Bursa Exchange 120,300 Iraqi Dinar Price in the dirhams Sale = 119.750 Iraqi Dinar Buy = 120.750 Iraqi Dinars Karbala Stock Exchange 120.400 Iraqi Dinars Mosul Stock Exchange 120.700 dinars Iraqi Kirkuk Stock Exchange 120.650 Iraqi dinars provinces of Iraqi Kurdistan Stock Exchange 120.600 Iraqi dinars provinces of southern Iraq Stock Exchange 120.400 Iraqi Dinars 6 Link to comment Share on other sites More sharing options...
yota691 Posted July 14, 2018 Author Report Share Posted July 14, 2018 The exchange rate of the dollar against the dinar in Iraq today Readers The exchange rate of the dollar against the dinar in Iraq today 14-07-2018 12:25 PM The Euphrates - The market price of the dollar against the Iraqi dinar today in the capital Baghdad, southern Iraq and Iraqi Kurdistan market price Saturday, 14.7.2018 Price in Iraqi dinar per 100 USD The overall trend of demand is average ..... ALKAFAH Stock Exchange Selling price / 120,550 dinars. Purchase price / 120,500 dinars Harthy Exchange Stock Exchange Selling price / 120,550 dinars .. The purchase price is 120,500 dinars Arbil Stock Exchange Selling price: 120,700 dinars The purchase price is JD120,650 _____ Basra Stock Exchange (South) AL Basra Exchange .. Selling price / 120,600 dinars Purchase price / 120,550 dinars 3 Link to comment Share on other sites More sharing options...
yota691 Posted July 14, 2018 Author Report Share Posted July 14, 2018 The high exchange rate of the dollar on the stock exchange and local markets Saturday, July 14 Alsumaria News / Baghdad The exchange rate of the dollar rose on the Stock Exchange and domestic markets on Saturday (July 14, 2018). The price of the Kifah Stock Exchange - Baghdad 120.400, while prices of the Stock Exchange on Thursday 120 thousand. Selling and buying prices in the money market Selling price of the dollar = 120.750 dinars. The purchase price of the dollar = 119.750 dinars. 5 Link to comment Share on other sites More sharing options...
Butifldrm Posted July 15, 2018 Report Share Posted July 15, 2018 Historical US dollar / Iraqi dinar History of daily rates USD /IQD since Wednesday, 31 May 2000. The maximum was reached on Saturday, 22 September 2001 1 US dollar = 3300.5589345032 Iraqi dinar the minimum on Saturday, 14 November 2015 1 US dollar = 1093.007278669 Iraqi dinar Date USD/IQD Sunday, 15 July 2018 1 189.9964 Saturday, 14 July 2018 1 190.0000 Friday, 13 July 2018 1 189.9950 Thursday, 12 July 2018 1 190.0034 Wednesday, 11 July 2018 1 193.8078 Tuesday, 10 July 2018 1 189.9967 Monday, 9 July 2018 1 189.5037 Sunday, 8 July 2018 1 188.3935 https://www.mataf.net/en/currency/converter-USD-IQD?m1=1000 4 1 Link to comment Share on other sites More sharing options...
yota691 Posted July 16, 2018 Author Report Share Posted July 16, 2018 Basra protests raise dollar and oil prices Saturday, July 14, The exchange rate of the US dollar against the Iraqi dinar, rising in the Iraqi market, while an economist said the rise is due to the threat of demonstrators in the southern provinces to close the oil fields. The exchange rate of $ 100, in the Iraqi market on Saturday, 120.400 Iraqi dinars, after the price was 120 thousand dinars last Thursday, while the sale price of the dollar, 120.750 dinars, and the purchase price of the dollar 119,750 dinars. For his part, Adel Mahmoud Shaker, a data analyst at the Iraqi Institute for Economic Reform, said in a statement to the site "Douaruz" that the high dollar is related to the status of the oil market, adding that the threat of demonstrators to the oil fields in the south leads to high oil prices in Market, which certainly affects the price of the dollar. In response to a question about the impact of global oil prices, if the demonstrators closed the oil fields in Basra , Adel Shaker said that the closure of the fields can affect the prices of oil in world markets, explaining that this is the result of "Iraqi production stopped in the oil market, Prices in the global markets, and the impact rate depends on how long the Iraqi production stopped. " Shaker ruled out that the demonstrators could close the oil fields, adding that "the fields are insured by the government, in which case there will be no impact on Iraqi production and marketing to the global market." 3 Link to comment Share on other sites More sharing options...
Butifldrm Posted July 16, 2018 Report Share Posted July 16, 2018 Parliamentary Economy: Intentional Internet outages have cost companies and banks significant losses Monday 16 July Baghdad - The deputy head of the parliamentary economy and investment committee, Nora al-Bajari, confirmed on Monday that the suspension of the Internet system for two days was "intentional," pointing out that this cost the private companies and banks very large sums of money. Al-Bajari said in an interview with Alsumaria News that "the failure that happened to the Internet system was intended by the Ministry of Communications to prevent the transfer of events events, not as claimed by the existence of pieces or technical defect between Kirkuk and Al-Toz," indicating that "this failure cost airlines and banks very large sums of money A continuation of the policy of confusion and failure experienced by the government and its executive joints. " Al-Bajari added that "the other thing is related to obstruction of the work of the passport departments and the security system related to surveillance cameras on the streets, which were stopped all of two days because of the delay of the Ministry of Communications and failure to maintain the Internet system which is originally modest and slow and not comparable to other countries in the world," pointing out that "contracts of civil companies and banks affected In the event that the contract is a legal material to hold the injured party to lose, it can sue the Ministry of Communications and claim compensation for material losses suffered. The Internet service in Iraq was interrupted for two consecutive days, which led to the cessation of the work of commercial companies and banks, and raised the resentment of citizens who suffered financial losses. https://www.alsumaria.tv/news/241959/الاقتصاد-البرلمانية-انقطاع-الانترنت-متعمد-وكلف-الش/ar 1 Link to comment Share on other sites More sharing options...
yota691 Posted July 16, 2018 Author Report Share Posted July 16, 2018 The high exchange rate of the dollar on the stock exchange and local markets Monday 16 July Al-Sumeria News / Baghdad The exchange rate of the US dollar against the Iraqi dinar rose on the Central Struggle Exchange in Baghdad and local markets on Monday (July 16, 2018). The prices of the Kifah Stock Exchange - Baghdad 120,700, while the prices of the Stock Exchange on Sunday, 120,000. Selling and buying prices in the money market Selling price of the dollar = 121.250 dinars. 2 Link to comment Share on other sites More sharing options...
yota691 Posted July 17, 2018 Author Report Share Posted July 17, 2018 The dollar exchange rate is falling again in the stock market and local markets Tuesday 17 July Alsumaria News / Baghdad resumed US dollar exchange rates against the Iraqi dinar decline again the central struggle in Baghdad Stock Exchange and local markets on Tuesday (July 17, 2018). The prices of the Kifah Stock Exchange - Baghdad 120.200, while the prices of the Stock Exchange on Monday, 120.700. Selling and buying prices in the money market Selling price of the dollar = 120.750 dinars. The purchase price of the dollar = 119.750 dinars. 2 Link to comment Share on other sites More sharing options...
yota691 Posted July 17, 2018 Author Report Share Posted July 17, 2018 Decline in the dollar exchange rate Editorial Date: 2018/7/17 12:55 • 372 times read (Reuters) - The dollar fell on Tuesday ahead of a testimony by US Federal Reserve Chairman Jerome Powell, who will be followed by traders on how to raise US interest rates and the risks of trade conflicts. Powell will testify on economic and monetary policy before the Senate Banking Committee at 1400 GMT on Tuesday. It is expected to convey a message of optimism about growth prospects and emphasize the central monetary tightening policy adopted by the central bank, but may face difficult questions about the independence of the central bank and how to deal with any escalation in the global trade war. By 0745 GMT, the dollar index, which tracks the performance of the greenback against a basket of six major currencies, fell 0.2 percent to 94.37, shedding minor gains in early trade. The US currency steadied against its Japanese counterpart at 112.27 yen, having approached earlier in the session from a six-month high of 12.780 yen on July 13. The euro and the pound gained slightly against the greenback, with the single currency gaining 0.2 percent to $ 1.1738 after falling 0.5 percent last week while sterling rose 0.1 percent to $ 1.3255. The Australian dollar was up 0.1 percent at $ 0.7428, while the New Zealand dollar gained 0.8 percent to $ 0.6839, its highest level since hitting $ 0.6835 on July 11. is over 2 Link to comment Share on other sites More sharing options...
yota691 Posted July 18, 2018 Author Report Share Posted July 18, 2018 Riyadh gives the Iraqi Trade Bank a license to open a branch in Saudi Arabia The slogan of the Iraqi Trade Bank «Economy News» Banks Economy News Baghdad: The spokesman for the Saudi banks Talaat Hafez, on Wednesday, the granting of his country's license to the Iraqi Bank for Trade to open a branch in the country, stressing that the bank's entry into the Saudi market, will achieve several positive advantages of the Iraqi banking system . Hafez said in a statement to the newspaper "Asharq Al-Awsat" Saudi Arabia, "The approval of the authorization of the Iraqi Bank for Trade to open a branch in the Kingdom will be of benefit to the State of Iraq and the Iraqi Bank and the Saudi banking sector, as well. " Hafez predicted that "the Iraqi banking system will benefit through the existence of this bank in a safe and strong banking environment in the Kingdom, to create a state of stability in the Iraqi financial and banking market, as well as to benefit from the manpower, purchasing and consumer, which exceeds the strength of more than 32 million people, In a vast geographical area, and the delivery of its services in the future, to different parts of the Kingdom . "There are currently 26 licenses for banks operating in the Kingdom market, of which 12 are Saudi banks, the rest are non-Saudi banks. Thus, the existence of the Commercial Bank of Iraq, alongside these banks, provides a range of options from banks in terms of providing the best service to the client, Package of banks in terms of prices, services and products. " Views 77 Date Added 07/18/2018 1 2 Link to comment Share on other sites More sharing options...
yota691 Posted July 18, 2018 Author Report Share Posted July 18, 2018 Iraqi bank in Saudi Arabia to strengthen the financial structure of Baghdad Wednesday 18 July Alsumaria News / Baghdad , the Saudi - Iraqi relations have entered a new phase of financial cooperation, after allowing the Iraqi Commercial Bank opened a branch in the Kingdom, in a move that a Saudi official described as will strengthen Iraq 's financial infrastructure, and contribute to price stability before the current geopolitical situation and calm them, taking advantage of the fourth best features Banking system after Canada , Australiaand Singapore. "The approval of the Iraqi Commercial Bank's license to open a branch in the Kingdom would be beneficial to the State of Iraq , the Iraqi Bank and the Saudi banking sector, " Al-Sharq Al-Awsat newspaper quoted Talaat Hafez, general secretary of the Committee for Information and Banking Awareness, as saying . "The Bank's entry into the Saudi market will achieve several positive advantages for the Iraqi banking system in the first place. The Saudi banking environment is one of the best banking environments in the Arab, regional and international markets in terms of strength, robustness and diversity, Banking payment systems ". He noted that Fitch's rating of the World Bank, "ensures that the Saudi banking sector as the fourth best banking system in the world, after Canada, Australia and Singapore, means that the Iraqi banking system through the presence of the Iraqi Commercial Bank in the Saudi market will benefit from a banking financial environment with advantages This phase of globalization has brought it to this stage. " Hafez expected that the Iraqi banking system will benefit through the existence of this bank in a safe and strong banking environment in the Kingdom, to create a state of stability in the Iraqi financial and banking market, in addition to benefiting from the manpower, purchasing and consumerism, which is more than 32 million people, A vast geographical area, and the delivery of its services in the future, to different parts of the Kingdom. Hafez explained that "the emergence of Iraqi banking in the Saudi market represents one of the fruits of political understanding between the two leaderships, which strengthens relations, and strengthens the comprehensive strategic partnerships between Riyadh and Baghdad, as well as its contribution to improving the level of awareness and quality, which will contribute in one way or another to the stability of the banking system Exchange rate and counter-volatility, resulting from turbulence in the region. " "There are currently 26 licenses for banks operating in the Kingdom market, of which 12 are Saudi banks, the rest are non-Saudi banks. Thus, the existence of the Commercial Bank of Iraq, alongside these banks, provides a range of options from banks in terms of providing the best service to the client, Package of banks in terms of prices, services and products. " 1 Link to comment Share on other sites More sharing options...
yota691 Posted July 18, 2018 Author Report Share Posted July 18, 2018 In figures .. Exchange rates of the dollar against the Iraqi dinar 11:41 - 18/07/2018 Baghdad - Mawazeen News published / Mawazin News /, Wednesday, the exchange rates of the dollar against the Iraqi dinar. BAGHDAD - The Stock Exchange struggle 120.250 price Chierfat 119.750 120.750 Mosul Stock Exchange 120.550 Stock Exchange Kirkuk 120.650 Arbil Stock Exchange 120.500 Basra and Maysan Stock Exchange 120.450 Salahuddin Stock Exchange 120.600 Anbar Stock Exchange 120.300 1 Link to comment Share on other sites More sharing options...
Butifldrm Posted July 18, 2018 Report Share Posted July 18, 2018 Saudi Arabia granted a license to open a branch of an Iraqi bank in the Kingdom 3 hours ago + - NRT The Saudi Council of Ministers was granted a license to the Iraqi Bank for Trade to open a branch in the Kingdom and authorized the Saudi Finance Minister to decide on any subsequent request to open another branch of the Bank in the country . "Approval of the authorization of the Iraqi Trade Bank to open a branch in the Kingdom would be beneficial to Iraq , the Iraqi bank and the Saudi banking sector ," Talaat Hafez, the spokesman for Saudi banks, said in a press statement on Wednesday (July 18th ) As well. " "The Bank's entry into the Saudi market will achieve several positive advantages for the Iraqi banking system in the first place. The Saudi banking environment is one of the best banking environments in the Arab, regional and international markets in terms of strength, robustness and diversity, Banking payment systems ". He explained that "the Iraqi banking system through the presence of the Bank of Iraq's commercial banking in the Saudi market, will benefit from a banking financial environment has advantages brought by the stage of the classification of Fitch global ." Hafez predicted that the Iraqi banking system will benefit from the existence of this bank in a secure and strong banking environment in the Kingdom, in creating a state of stability in the Iraqi financial and banking market . He concluded by saying that "the emergence of Iraqi banking in the Saudi market represents one of the fruits of political understanding between the two leaderships of the two countries, which strengthens relations, and promotes strategic partnerships between the comprehensive Riyadh and Baghdad" It is worth mentioning that the Iraqi Bank for Trade, a government bank was founded in 2003, currently has 25 branches distributed between capital of Baghdad andother provinces. http://www.nrttv.com/AR/News.aspx?id=2459&MapID=5 1 Link to comment Share on other sites More sharing options...
yota691 Posted July 18, 2018 Author Report Share Posted July 18, 2018 The first Iraqi government bank to open a branch in Saudi Arabia Readers The first Iraqi government bank to open a branch in Saudi Arabia 18-07-2018 12:13 PM The Euphrates - In a new cooperation between the Kingdom of Saudi Arabia and the Republic of Iraq, the Iraqi Trade Bank will open a branch in the Kingdom after obtaining official authorization from the Saudi Council of Ministers, where this cooperation will support the Iraqi economy. Faisal Al-Hims, Chairman of the Iraqi Trade Bank and Chairman of the Board of Directors, said: "This important addition to the Bank's achievements will enhance the banking and commercial relations between the two countries and expand the work between them, while adding to the Iraqi banks a new experience of its kind for the first time. "Approval of the license for the Iraqi Trade Bank to open a branch in the Kingdom would be of benefit to the State of Iraq, the Iraqi Bank and the Saudi banking sector," said Talaat Hafez, secretary-general of the Committee on Information and Banking Awareness. Hafiz added that the bank's entry into the Saudi market will achieve several positive advantages for the Iraqi banking system in the first place. The Saudi banking environment is considered one of the best banking environments at the Arab, regional and international levels in terms of strength, Banking payment systems'. 1 Link to comment Share on other sites More sharing options...
newbieDA Posted July 18, 2018 Report Share Posted July 18, 2018 I think this why they waited to talk to the Saudi electricity as well. JMHO they said file was incomplete, and this may have been the problem 1 Link to comment Share on other sites More sharing options...
Butifldrm Posted July 19, 2018 Report Share Posted July 19, 2018 Iraq Saudi Arabia 2018/07/19 09:17 Iraqi bank in Saudi Arabia to strengthen the financial structure and benefit from the experience The Saudi-Iraqi relations have entered a new phase of financial cooperation after allowing the Commercial Bank of Iraq to open a branch in the Kingdom, in a step described by a Saudi official as strengthening the Iraqi financial structure and contributing to price stability in the current geopolitical situation. Banking system after both Canada, Australia and Singapore. Talaat Hafez, general secretary of the Committee on Information and Awareness of Banking and the official spokesman of the Saudi banks, according to the newspaper "Middle East", that the approval of the license to the Iraqi Bank for Trade to open a branch in the Kingdom would be of benefit to the State of Iraq and the Iraqi Bank and the Saudi banking sector, as well. Hafiz added that the bank's entry into the Saudi market will achieve several positive advantages for the Iraqi banking system in the first place. The Saudi banking environment is considered one of the best banking environments at the Arab, regional and international levels in terms of strength, Banking Payment Systems. He pointed out that Fitch's classification of the global banking sector as the fourth best banking system in the world, after Canada, Australia and Singapore, means that the Iraqi banking system through the presence of the Bank of Iraq's commercial banking in the Saudi market will benefit from a banking financial environment with advantages This phase of global rankings. Hafez expected that the Iraqi banking system will benefit through the existence of this bank in a safe and strong banking environment in the Kingdom, to create a state of stability in the Iraqi financial and banking market, in addition to benefiting from the manpower, purchasing and consumerism, which is more than 32 million people, A vast geographical area, and the delivery of its services in the future, to different parts of the Kingdom. Hafez explained that the emergence of Iraqi banking in the Saudi market represents one of the fruits of political understanding between the leaders of the two countries, which strengthens relations, and strengthens the comprehensive strategic partnerships between Riyadh and Baghdad, as well as its contribution to improving the level of awareness and quality, which will contribute in one way or another to the stability of the banking system and the price Drainage and counteracting its oscillations, resulting from turbulence in the region. Hafez pointed out that there are currently 26 licenses for banks operating in the Kingdom market, of which 12 are Saudi banks, and the rest are non-Saudi banks. Thus, the existence of the Commercial Bank of Iraq, beside these banks, provides a range of options from banks in terms of providing the best service to the client from this package Of banks in terms of prices, services and products. http://almasalah.com/ar/news/144395/مصرف-عراقي-في-السعودية-لتعزيز-البنية-المالية-والاستفادة-من-الخبرات 1 Link to comment Share on other sites More sharing options...
yota691 Posted July 19, 2018 Author Report Share Posted July 19, 2018 The dollar exchange rate on Thursday In the economy July 19, 2018 on the dollar exchange rate on Thursday closed 71 visits Baghdad / SNG - The exchange rate of the Iraqi dinar against the US dollar, in local trades, on Thursday, according to the following arrangement: Price in Iraqi dinar per 100 USD Price in exchange: 119.500 Purchase price / Iraqi Dinar 120.500 Selling price / Iraqi Dinar Karbala Stock Exchange 120.300 Iraqi Dinar Mosul Bursa - Kirkuk Stock Exchange 120.400 Iraqi Dinar Arbil Bursa 120.300 Iraqi Dinar Basra Stock Exchange 120,300 Iraqi Dinar Al - Hataba 120,300 Iraqi Dinars Iranian Toman in Scenery 780-800 1 Link to comment Share on other sites More sharing options...
yota691 Posted July 22, 2018 Author Report Share Posted July 22, 2018 The dinar exchange rate against the dollar on Sunday Dollar exchange rates Market Economy News Baghdad Prices of the dinar exchange rate against the dollar in the stock exchanges in Iraq. Baghdad Stock Exchange Selling price / 120,500 dinars The purchase price / 119,500 dinars North Stock Exchange Selling price / 120,750 dinars The purchase price / 119,750 dinars South Stock Exchange Selling price / 120,750 dinars The purchase price / 119,750 dinars Views 19 Date Added 22/07/2018 4 Link to comment Share on other sites More sharing options...
yota691 Posted July 23, 2018 Author Report Share Posted July 23, 2018 Prices of the dinar exchange rate against the dollar in the stock exchanges in Iraq Class US $ 100 Market Economy News Baghdad Baghdad Stock Exchange Selling price / 120,250 JD The purchase price / 119,250 dinars North Stock Exchange Selling price / 120,750 dinars The purchase price / 119,750 dinars South Stock Exchange Selling price / 120,750 dinars The purchase price / 119,750 dinars Number of Views 11 Date Added 23/07/2018 3 Link to comment Share on other sites More sharing options...
yota691 Posted July 23, 2018 Author Report Share Posted July 23, 2018 The Iraqi Trade Bank announces the completion of all official approvals for the distribution of a branch in Saudi Arabia Editor Rafid Sabar - Monday 23 July Alsumaria News / Baghdad The Iraqi Trade Bank announced on Monday the completion of all official approvals for the distribution of a branch in Saudi Arabia, pointing out that this year will witness the opening of the branch officially. "The bank has more than 25 branches across the country and opened its first executive office on the Abu Dhabi International Financial Market in November last year after obtaining the fundamental approvals from the bank ," Faisal Al-Homs, chairman of the bank, told Alsumaria News. Central Bank in addition to the approvals of the Abu Dhabi global market. " "We have succeeded in obtaining the final approvals from the Saudi Monetary Authority, in addition to the approval of the Saudi Council of Ministers last week to represent the completion of the approval of the request of the bank to open a branch in Saudi Arabia and opens before the end of this year," he added. Will be of benefit to the country and the banking sector. " The governor of the Central Bank of Iraq Ali Alalak revealed last week, close to the opening of a branch of the Iraqi Bank for Trade in Saudi Arabia in order to facilitate the process of trade exchange between the two brotherly countries. Link to comment Share on other sites More sharing options...
yota691 Posted July 23, 2018 Author Report Share Posted July 23, 2018 The Iraqi Trade Bank announces the opening of a branch in Saudi Arabia Monday, July 23 2018 - 07:04 PM The Iraqi Trade Bank announced the opening of a branch in Saudi Arabia this year after the completion of all official approvals in this regard. "The final approvals were obtained from the Saudi Monetary Authority, in addition to the approval of the Saudi cabinet last week to open a branch in Saudi Arabia before the end of this year," the bank's chairman, Faisal Al-Hems, said in a press statement. And finance for the banking sector and the country. He pointed out that the bank had already opened its first executive office in the Abu Dhabi International Financial Market last year. 2 2 Link to comment Share on other sites More sharing options...
Flamtap Posted July 23, 2018 Report Share Posted July 23, 2018 How about opening branches Worldwide ASAP! Thanks Yota 3 Link to comment Share on other sites More sharing options...
ChuckFinley Posted July 23, 2018 Report Share Posted July 23, 2018 57 minutes ago, Flamtap said: How about opening branches Worldwide ASAP! Thanks Yota Got my vote. 1 1 Link to comment Share on other sites More sharing options...
yota691 Posted July 24, 2018 Author Report Share Posted July 24, 2018 Learn about the dollar and oil exchange rates globally for Tuesday 11:18 Last updated The time now is 11:26 AM 276 Watch BAGHDAD / Al-Ghad Press: Foreign currency prices, gold and oil world According to the Iraqi Center for Economic and Political, on Tuesday, the following arrangement: The prices of buying and selling the dollar Iraqi banking companies recorded: 120.250 Iraqi Dinar = 100 USD Selling Price 119,250 Iraqi Dinar = $ 100 purchase price Euro World Price: 100 Euro = $ 116.70 GBP World price: 100 pounds = 131.10 dollars Turkish Lira World Price: $ 100 = 476.10 lira The price of a gold ounce worldwide = $ 1223.36 The price of a barrel of Brent crude oil = 73.15 dollars The price of a barrel of US crude oil = $ 67.86 1 Link to comment Share on other sites More sharing options...
Butifldrm Posted July 24, 2018 Report Share Posted July 24, 2018 Iraqi Trade" reveals its expansion plans in the Middle East The bank is seeking to open its first branch in Saudi Arabia before the end of this year 24 July 2018 01:09 PM Mubasher: The Iraqi Bank for Trade revealed its efforts to open its first branch in Saudi Arabia before the end of this year, after obtaining approvals and licenses from the Saudi Arabian Monetary Agency. The bank said in a statement on Tuesday that it was in line with its plan to expand its regional and international operations after opening a representative office in Abu Dhabi last November and seeking to expand its presence in Turkey. "Saudi Arabia is one of the most important markets within our regional expansion strategy to capitalize on the growth of trade exchange between the two countries," said Faisal Al-Hims, Chairman of the Board. "With the opening of a representative office of the Iraqi Bank for Trade in the Emirate of Abu Dhabi, we have become able to identify the huge investment opportunities in Iraq and we are working to build close relationships within the financial and banking sectors in the UAE," he added. Established in 2003, the Bank of Iraq is a fully owned bank of the Iraqi government and one of the largest banks in Iraq. It accounts for nearly 80% of commercial finance in Iraq and ranks first among Arab banks and ranked 332 in terms of tier 1 capital. . The bank has 25 branches distributed throughout Iraq. The paid-up capital of the bank reached $ 2.346 billion by the end of 2017. The total assets of the bank amounted to $ 19.3 billion. https://www.mubasher.info/news/3317908/-العراقي-للتجارة-يكشف-عن-خططه-التوسعية-بالشرق-الأوسط 1 1 Link to comment Share on other sites More sharing options...
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