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mike alfred

CBI Invites JP Morgan to Open a Branch in Iraq - 0 views

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    The central bank of Iraq is aim to attract different foreign banks to open their branches in Iraq. The foreign investment will increase in Iraq if CBI succeeded in attracting large number of foreign banks in the country. Central bank of Iraq is taking radical steps to increase investment opportunities in Iraq.
mike alfred

Capital Bank of Jordan Opening New Branches in Iraq - 0 views

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    The central bank of Iraq is struggling hard to attract international banks and other foreign investors to invest in the country and open new branches in the different cities of Iraq.
mike alfred

UAE Bank To Open A Branch In Basra - 0 views

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    Abu Dhabi Islamic Bank has been given clearance to open a branch in Basra, Iraq. This is a great step as it would help in facilitating trade and make other financial transactions. This would help in expanding business and maintaining good relations between the two countries. Much needed for Iraq, it would be quite helpful in future.
mike alfred

New Banking Strategies and Economy of Iraq - 0 views

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    Central bank of Iraq is introducing new banking strategies for local and foreign banks to operate in the country. According to these new strategies, the foreign banks will be allowed to open new branches in almost all the parts of the country. There will be no any restriction on the number of branches in the cities. There were restrictions on every foreign bank to open new branches in the famous cities of Iraq.
mike alfred

British Bank Opening Branches in Iraq - 0 views

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    British bank that they would be opening branches in Iraq. This also confirmed news that several other banks are also showing interest in doing the same. They are trying to negotiate with the Central Bank of Iraq which would help in the success of business and address other financial issues in the country.
mike alfred

Central Bank Invites Foreign Banks in Iraq - 0 views

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    Many foreign banks are already operating in the country and number of new banks is applying for new branches on daily basis. Recently two Lebanon banks applied for new branches in Iraq and the procedure is under operation. Central bank of Iraq is trying to enhance the banking activities in the country that's why third party contract is made with different money transfer companies for the expansion of dollar trade in the country.
mike alfred

Rasheed Bank to Show Its Properties to Attract investors - 0 views

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    It was shown on Saturday that Rasheed Bank wanted to announce and show the properties of the investors to increase the profits in several provinces under specific circumstances. Mohammad Kazem, the bank director reported that the bank would open its branches in Erbil, Dohuk and Sulaymaniayah with an Islamic banking branch opening in Erbil for the benefit of the clients.
mike alfred

Crisis Forcing Foreign Banks to Leave Baghdad - 0 views

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    Several foreign banks have opened their branches in the different parts of the country. The crises forced the banks to open branches in the south of Iraq which is a safer place.
mike alfred

Iraq Reserves 6th Position in Imposition of Taxes, UN - 0 views

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    Central bank opened a new office in Dubai to attract different foreign banks to find and invest in the business opportunities in the country. Furthermore, it also attracted many foreign banks to open new branches in the country. This is the results of the efforts made by central bank of Iraq that many of the reputed international banks are operating in the Baghdad and many other big cities of Iraq.
mike alfred

Iraq Crisis, US to Send Military Advisers - 0 views

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    The US Joint chiefs of Staff briefed to the Congress that the Iraqi government has asked to the United States that the Iraqi government needed to use the US air power in the conflict against the ISIS militants. The ISIS (Islamic State in Iraq and Syria) is a branch of Al Qaeda, in which most of the militants are Sunni Muslims. This group has a success story in Syria, they are batting Syrian President Bashar Ul Assad's security forces.
mike alfred

New Contract between Central Bank of Iraq and Fransabank Lebanese - 0 views

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    Few months ago the Central Bank of Iraq opened its office in Dubai and attracted number of foreign banks to invest and start their business activities in different cities of Iraq. Fransabank is one of those international banks that showed interest in opening new branch in Iraq.
mike alfred

Changes Taking Place in Iraq's Finance And Banking Sector - 0 views

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    Everyone in the Iraq is looking towards results of general elections and the revaluation of Iraqi dinar but no one is paying attention on the Iraq stock exchange as it is facing some drastic changes. In the last three months, central bank of Iraq permitted fifteen Arabs and some other international banks to open their branches in the country especially in Baghdad.
mike alfred

Development of Banking Sector of Iraq and Chapter Viii - 0 views

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    The Central bank of Iraq is inviting different foreign banks to open their branches in the different cities of Iraq. The braches of these foreign banks are being opened in the areas where international companies are operating on different projects in Iraq. Central bank of Iraq and the bank of economy are discussing new mechanism for the development of banking sector.
mike alfred

Banking Sector of Iraq is Growing - 0 views

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    This is the result of these efforts that many of the reputed foreign banks are operating in Baghdad and in the many other cities of Iraq. Some other foreign banks are also willing to open their bank branches in Iraq. The addition of these banks will support foreign companies operating in Iraq in their business operations.
mike alfred

Daash Robbed 4.5 Billion Dollars From Iraq Banks - 0 views

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    The finance ministry of Iraq said that Sunni militant group Daash has robbed more than $4.5 billion from Iraq banks in the last month that made it richest terrorist organization of the world. According to initial report, ISIS robbed 75 bank branches in the different cities of Iraq. Central bank of Iraq had to bear a huge loss while compensating the international banks for their loss in the country.
mike alfred

Businessmen Are Windows For Foreign Investments - 0 views

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    Iraq is struggling hard to attract foreign investors and multinational companies to operate in the country. The central bank of Iraq is doing some changes in the banking laws of Iraq so that foreign banks may attract towards this country to open new branches in the country. Numbers of foreign companies and international banks were operating almost in all the major cities of Iraq.
mike alfred

CBI Allows to Settle New Banks in Lucrative Business Areas - 0 views

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    The CBI and other private banks gave approval of setting up banks in such areas of the country which would give good business finance to them. Most of the private banks are expected to handle and manage things out in such a way that everything would operate in Iraq to develop a sound working system of branches in the different provinces for better development.
mike alfred

Newly Registered Foreign Companies and Chances of Revaluation - 0 views

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    It was seen that several foreign companies were registered with the Ministry of Commerce during the month of July and June. There are almost 44 foreign companies registered in Iraq. They have 4 different branches and 40 representative offices all over the country.
mike alfred

Trade Bank of Iraq Shows Interest in Development Projects - 0 views

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    The Trade Bank of Iraq showed interest in the economic conditions of the country. They opened their eighth branch in Baghdad which is a good sign because all the expert companies that are doing trade with other countries are helpful in the handling and management of the different agencies. It is a good idea to handle things out in a good way.
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