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Commercial Bank of Iraq receives a loan of 100 million euros from Germany
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Baghdad / .. revealed the location of gtreview " ", Tuesday, an agreement between the Commercial Bank of Iraq TBI with the German Export Credit Agency and the acquisition of the Iraqi trade loan of 100 million euros.
"This comes as a result of the approval of Euler Hermes for the adoption of the Commercial Bank of Iraq as a borrower to finance medium and long-term export credits with repayment terms of up to five years."
"The deal is part of its long-term strategy to secure project financing in Iraq, aimed at boosting economic growth and employment.
He noted that through this loan framework, the Commercial Bank will finance export contracts for products and materials and machinery to Iraq granted to its customers in Germany and European countries only other
[You must be registered and logged in to see this link.]
Baghdad / .. revealed the location of gtreview " ", Tuesday, an agreement between the Commercial Bank of Iraq TBI with the German Export Credit Agency and the acquisition of the Iraqi trade loan of 100 million euros.
"This comes as a result of the approval of Euler Hermes for the adoption of the Commercial Bank of Iraq as a borrower to finance medium and long-term export credits with repayment terms of up to five years."
"The deal is part of its long-term strategy to secure project financing in Iraq, aimed at boosting economic growth and employment.
He noted that through this loan framework, the Commercial Bank will finance export contracts for products and materials and machinery to Iraq granted to its customers in Germany and European countries only other
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