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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    First Bank of Iraq obtains the highest credit rating in Iraq

    Rocky
    Rocky
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    First Bank of Iraq obtains the highest credit rating in Iraq Empty First Bank of Iraq obtains the highest credit rating in Iraq

    Post by Rocky Wed 12 Jun 2024, 2:40 pm

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    [size=52]First Bank of Iraq obtains the highest credit rating in Iraq[/size]

    [size=45]In its first credit rating, First Iraq Islamic Bank for Investment and Finance PJSC (FIB), the innovative and leading bank in Iraq, received a 'B-' rating from S&P Global Rating with a stable outlook.[/size]
    [size=45]In its review, S&P Global Rating stated that “First Islamic Bank of Iraq” is making rapid progress thanks to its digital capabilities and the banking services it provides, as its financial efficiency and high liquidity emanating from its products and services contribute to this progress.[/size]
    [size=45]S&P Global Rating indicates that the stable future outlook for First Iraq Bank FIB reflects its view of the bank’s ability to successfully expand its activity and operations over the next 12-18 months and maintain the capitalization of its profits.[/size]
    [size=45]Kawa Rekani, owner of First Iraq Bank, commented: “First Iraq Islamic Bank’s obtaining the highest credit rating in Iraq from S&P Global Ratings is evidence of the financial capabilities and distinctive strategic direction of the bank, as our innovative digital solutions and commitment to providing banking services focus on the interests of... Customer satisfaction supports our growth and stability in the banking sector in Iraq, and this rating confirms our efforts and dedication to developing the banking scene in Iraq and keeping pace with global progress.[/size]
    [size=45]We value the efforts of the Central Bank of Iraq and its support to develop the Iraqi banking sector and provide the necessary legislation to advance the sector and enhance its efficiency.”[/size]
    [size=45]Concerning the First Islamic Bank of Iraq for Investment and Finance P.S.C[/size]
    [size=45]The First Islamic Bank of Iraq for Investment and Finance PJSC was established in 2020 and obtained a license from the Central Bank of Iraq. It is the leading and innovative bank in Iraq that aims to provide unparalleled financial solutions that meet the diverse needs of the Iraqi economy.[/size]
    [size=45]FIB Bank offers a comprehensive range of services that include digital and cross-branch account creation, payment solutions, and customized financial products for individuals, small, medium and large businesses, and continues to expand its market presence and service offering.[/size]
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