Iraq's Trade Bank to open new branches abroad

[k98nights]

Iraq's Trade Bank to open new branches abroad

.Iraq's Trade Bank to open new branches abroad AME Info - [3/28/2011]

Abdel Hadi Sadeq Abdel Hadi, deputy director general of Iraq's government-owned Trade Bank of Iraq has said its capital will be raised by 41% with provisions from last year's profit and plans to open new branches abroad, Bloomberg has reported. Capital will be raised to $1.2bn from $840m, he said. "The bank will soon open branches in Beirut and London," he said. "We could later open in Istanbul and other places."

http://www.iraqdirectory.com/DisplayNews.aspx?id=15192

[tommyboy]

Good find. In the past week quite a bit of the "recipe" for the RV seems to be coming together. Gotta luv it !!

[Carrello]

It is still early and I am still working on my first cup of java, but this news seems huge to me. Please correct me if I am wrong.

[S2_D2]

Thank you k98knights. Good find and a positive move forward in my opinion. I would like to say also thank you for your time and effort on your posts.

S2_D2

[rsskelton]

K98. nice snag buddy!

[Roadrunner]

Thanks K98. Good find. I was kind of hoping one branch was to be here in the States. Oh well, maybe later. Keep up the good work, we appreciate it.