Central Bank confirms the existence of coordination to open an Iraqi bank branch in Saudi Arabia
Central Bank confirms the existence of coordination to open an Iraqi bank branch in Saudi Arabia
Saturday, March 31, 2018 at 10: 12 am
Follow-up / Sky Press
BAGHDAD – Iraqi central bank governor Ali al-Alaq said on Saturday that there is coordination between Baghdad and Riyadh to open a branch of the Iraqi Bank for Trade in Saudi Arabia in order to achieve a strategic partnership in the economic, trade and investment fields.
“The monetary relations between Iraq and Saudi Arabia are good, and soon a branch of the Iraqi Bank for Trade in Saudi Arabia will be opened in order to facilitate the trade exchange between the two brotherly countries,” Allak said in a press statement.
He added that “Saudi Arabia will also decide to open a branch of one of its banks in Iraq soon, which will promote economic relations between the two countries.”
skypressiq.net
