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The Iraqi Trade Bank is among the largest banks in the world

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rocky
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The Iraqi Trade Bank is among the largest banks in the world

Post by rocky on Mon 21 Aug 2017, 10:37 am

The Iraqi Trade Bank is among the largest banks in the world

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Monday 21 August


Alsumaria News / Baghdad
The Secretary-General of the Union of Arab Banks and Samam Fattouh, on Monday, the entry of the Iraqi Bank of Trade within the list of the largest thousand banks in the world.

Fattouh said in a statement read by Alsumaria News, "The Iraqi Trade Bank has entered the list of the largest thousand banks in the world, where he ranked 33 Arabs and 318 globally."

He added that the Iraqi Trade Bank "is the first Iraqi bank to be listed on the list with the capital of about $ 3.1 billion and assets of about 19.7 billion dollars."


The attached financial statements for the Arab banks for the end of 2016 show 87 Arab banks entering the list, compared to 85 banks in 2015. The total capital of the 87 Arab banks reached about $ 298.8 billion, while their assets amounted to about $ 2.6 trillion.

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