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The Iraqi Trade Bank announces the completion of all official approvals for the distribution of a branch in Saudi Arabia

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The Iraqi Trade Bank announces the completion of all official approvals for the distribution of a branch in Saudi Arabia

Post  RamblerNash on Mon Jul 23, 2018 3:41 pm

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.

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