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An Iraqi bank begins its business in Saudi Arabia
Economical 2023/03/19
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Yesterday, Saturday, the National Bank of Iraq officially started its work in the Kingdom of Saudi Arabia.
The bank, which is affiliated with the Jordanian Capital Bank Group, said in a statement that it “participated in the second edition of the financial sector conference, which started on March 15 and 16, at the King Abdulaziz International Conference Center in Riyadh,” noting that “the governor of the Saudi Central Bank Ayman bin Muhammad al-Sayyari handed over a certificate of practicing banking business to the CEO of the National Bank of Iraq in the Kingdom of Saudi Arabia, Zaid bin Abdulaziz Abunayyan.
The statement quoted the managing director of the National Bank of Iraq, Ayman Abu Dheim, as stressing "the importance of the presence of the National Bank of Iraq in this type of international regional conference," explaining that it "will allow the exchange of ideas, experiences and cooperation in all areas that will be discussed during the conference, in addition to communication." And linking with a group of representatives of the leading banks in the region and the world, not to mention opening new horizons for the bank’s work by examining potential business opportunities in the Saudi market.”
For his part, the CEO of the National Bank of Iraq in Saudi Arabia, Zaid bin Abdulaziz Abunayyan, expressed his happiness with the bank's participation in this conference, which is a regional and international platform that reflects the strength of the Kingdom's economy in the region, as the bank had an opportunity to introduce its services and innovative banking solutions to thousands of participants with expertise. Diversified across sectors, represented by leading banks, market specialists and investment leaders from Asia, Europe and North America.
Abunayyan explained, "The financial sector conference is a unique opportunity for the National Bank of Iraq to see closely the qualitative leaps achieved by the financial services sector in parallel with the continuous development of business and services in the Kingdom of Saudi Arabia, in addition to the possibility of exchanging opinions and experiences with representatives of the leading banks participating in this conference." ".
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