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Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Islamic International Trust Bank opens new branch in Erbil

rocky
rocky
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discusses - Islamic International Trust Bank opens new branch in Erbil Empty Islamic International Trust Bank opens new branch in Erbil

Post by rocky on Thu 30 Aug 2018, 3:06 am

Islamic International Trust Bank opens new branch in Erbil


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The International Islamic Trust Bank has opened a new branch in Erbil to expand its financial and credit transactions.
"The main objective of this branch is to support the banking sector in general, especially in the Kurdistan region," said the director of the bank Erbil branch, Mustafa Zuhair al-Shawk, in a press statement followed by "Economy News", adding that " To provide services throughout Iraq. "
He added thorns "We try to reflect a positive image of banks in general and the bank confidence in particular through the lines of production that will be provided," reassuring customers, "private banks do not have any fear because they operate according to the conditions and standards of the Central Bank of Iraq.
"The bank represents a qualitative leap in supporting the national economy and the tourism sector. We need more funding from private banks to support small and medium-sized enterprises," said Mawlawi Jabbar, director of Erbil's tourism authority.
The bank's capital is 250 billion dinars.

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rocky
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discusses - Islamic International Trust Bank opens new branch in Erbil Empty Arab Islamic Bank discusses the establishment of three investment companies

Post by rocky on Thu 30 Aug 2018, 4:12 am

Arab Islamic Bank discusses the establishment of three investment companies




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Arab Islamic Bank announced Thursday the establishment of three investment companies to develop the investment business of the bank.
"The establishment of three investment companies in various fields and activities for the purpose of developing investment work in the bank in accordance with paragraph (3) of Article (5) of the Islamic Banks Law No. (43) For the year 2015 ".
The statement pointed out that the first companies are "Arab Equestrian Company for agricultural and animal limited liability investments with a capital of (8) billion dollars, and the Arab company for leasing limited liability and capital (7) billion dollars."
The statement added that the third companies are "Al-Jazira Arab Company for Investments in Limited Liability Properties with a capital of (10) billion dinars."

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