Banks Association invites local banks to open branches abroad
Banks Association invites local banks to open branches abroad
10/04/2014
BAGHDAD / JD / .. called the Association of private banks, local banks to open branches abroad to support the economic activities in the country.
The executive director of the Association Abdul Aziz Hassoun told / JD /: that local banks two branches of public and private began and reality is improving for the better in terms of transactions, assets and developments in the work, they have the ability to open branches multiple countries with which Iraq commercially, to facilitate the delivery of goods and financial transactions .
He added that the business dealings of Iraq and the very wide as a result of the need to increase development and materials imported from various global origins, when there is a branch of the Iraqi bank abroad will facilitate many business transactions, in addition to that it will reflect a positive image of the Iraqi economy.
The Rafidain Bank branches many outside Iraq, where he opened the first branch in the Lebanese capital Beirut in 1948, and then open a branch in the Jordanian capital Amman in 1950, and in the same year to open a branch in the Syrian capital Damascus. / End / 8 /
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