Baghdad-Press Iraq-8 September: approvedThe Central Bank of Iraq in principle to open a British bank branch in Baghdad, expecting to start work before the end of this year.
According to a statement released by the World Bank received/Iraq/copy, "management today, approved the tentative standard garterd British Bank opened a branch in the capital to work practice".
The World Bank representative informed the Bank in Iraq with the consent ", predicting that" the Bank proceeds its work before the end of this year. "
A number of private banks, criticized last July 2 opening of foreign banks in Iraq, saying that it did not meet the aspirations and keep away from the economic realities of Iraq.
Prime Minister Nouri al-Maliki, opened a branch of us Bank won't in the green zone, is the first US Bank to open in Baghdad, while a number of Iraqi banks made reservations on the opening that would threaten their work.Finished s. r.