Thursday, 17 January 2013 11: 09
The Iraqi commercial bank announced [TBI] registered progress in its activities during the financial year 2012.
Bank Manager said hamdiya dry in a statement faxed to all Iraq [where]
"2012 Bank activities constituted a qualitative leap in the level of the
banking process through the operational capacity of the staff of the
Bank in its efforts to achieve increased return on profits for the year
2011 by 34% in the amount of $ 488 million.
profitability won a set of profiles for the operation of documentary
credits and bank letters of guarantee and credit and credit cards, which
have seen the progress in the level of activity of 2012".
indicated that "the expenses of 2012 decreased by 40% from 2011, despite
an increase in the Bank's staff to fill vacant posts but that addition
in the human level had no effect on operational expenses", noting that
"all the achievement comes from dedication and efforts by Bank staff and
their quest to show the Iraqi Trade Bank, as the banking business".
of commercial bank said that "the work steps in 2012 verified open
branches in Baghdad and the provinces work continues in this manner for
the next year both at home and abroad in order to expand the work of the
The Bank's capital increase to trillion Iraqi dinars,
also contributed to the success and progress in expanding banking
network of Iraqi Trade Bank. ".