High capital IDB
High capital IDB
9/2/2014 0:00
BAGHDAD – Mustafa al-Hashemi said the Islamic Development Bank for the receiving excellent credit rating AAA from rating agencies of the three, Moody’s and Standard & Poor’s and Fitch Ratings, came thanks to the contribution Iraq increments streak in the bank’s capital. Islamic Bank of Tnumeihabarh for an international financial institution established in pursuance of the statement Intent issued by the Conference of Finance Ministers of Muslim countries, which was held in December 1973 in Saudi Arabia and began its activities officially in October 1975. said Director of the Department of Banking, Ministry of Finance, Dr. Hilal Taan that Iraq represents a great economic power qualifies him to contribute effectively in support of all Arab organizations and institutions and global levels. said Taan told (morning) that Iraq will play a prominent role in all international organizations through his qualifications and potential material as increase the size of its oil exports financial returns could be directing some of them to provide support and contribute to the development of Arab financial institutions and Islamic financial institutions such as the World Islamic Development. was president of the Islamic Development Bank has confirmed in a letter addressed to the Iraqi Central Bank Governor Abdul-Basit Turki said this achievement is due to the strong support he is receiving from Iraq and to contribute to the successive increases in the bank’s capital.
alsabaah.iq
