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

Iraq Dinar/News is a popular topic among many topics this board offers. You must log in to see and participate in our Dinar sections.

Ever heard of Bitcoin? I encourage you to veiw my 4 minute video about the Bitcoin of Health Care CoinMD. Just load CoinMD.io/StylesMD set up a free 30 day test ride and contact me as needed. I have a Facebook informational page you can request to join for all my mist updates.

Neno

I can be reached by phone or text 7am-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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2017


Foreign banks expand their business in Iraq

Share
avatar
rocky
Moderator
Moderator

Posts : 113330
Thanked : 4799
Join date : 2012-12-21

Foreign banks expand their business in Iraq

Post by rocky on Tue 15 Mar 2016, 4:26 am

[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]

[size=37]Foreign banks expand their business in Iraq[/size]


 BAGHDAD - Follow-up
Banking sources predicted increase in the number of branches of Lebanese banks operating in Iraq at the end of this year to 50 banks, belonging to ten Lebanese banks, it entered the Iraqi banking market five years ago to add a significant presence attracted circles wide audience, among them businessmen, investors, Iraqi and Lebanese and Arab residents in Iraq. He said banking expert Iraqi high Nasser Hussain in a press statement that "the Lebanese banks which are distributed branch offices in Baghdad, Basra and Erbil and other Iraqi cities have the history and experience of banking comprehensive compared to the banks of countries in the region, which is keen to provide banking products and services in a manner deal with the customer in a different way what is supported Iraqi banks, making the Lebanese banks attract more Iraqi businessmen. " He pointed out that Lebanese banks entered the Iraqi market, taking advantage of future prospects, help her to activate the competition with banks from other countries at the forefront of Turkey and Iran. " The banks Byblos and Antrcntnal Lebanon, Beirut and the Arab country had its first initiative to open branches in Baghdad, Erbil and Basra and Sulaymaniyah, and then followed by a «Mediterranean Bank» and the Lebanese bank - the French and Credit Libanais, and after the Bank of BLOM Bank Middle East and North Africa, Farnese Bank and Bank finally return.The Iraqi staff working in Lebanese banks, they are «fighting a new experience different from what was the case in Iraqi banks, in terms of the adoption of flexibility in dealing with the need to anticipate the risks, given the specificity of the Iraqi market and which is characterized by exceptional. Hussein pointed out that the CBI select operating capital for branches of Lebanese banks $ 7 million, and track management in Lebanon, which increases the capital of any of them on a billion dollars. "The CBI has asked the foreign banks in Iraq, including the Lebanese to increase its capital to $ 70 million, to be able to increase the size of its activities, especially as the amount of capital in the Iraqi private banks select a ceiling of at least 250 billion Iraqi dinars, or about 215 Million dollars". Hussein noted an increase in the size of the Iraqis deal with the Lebanese banks, and businessmen Iraqis began receiving Visa cards issued by these banks to its weight globally by banking, and the availability of many international branches and banking relationships.
[You must be registered and logged in to see this link.]
avatar
Neno
Admin
Admin

Posts : 10707
Thanked : 2245
Join date : 2012-12-17
Age : 54
Location : Lone Star State

Re: Foreign banks expand their business in Iraq

Post by Neno on Tue 15 Mar 2016, 3:36 pm

Hussein pointed out that the CBI select operating capital for branches of Lebanese banks $ 7 million, and track management in Lebanon, which increases the capital of any of them on a billion dollars. "The CBI has asked the foreign banks in Iraq, including the Lebanese to increase its capital to $ 70 million, to be able to increase the size of its activities, especially as the amount of capital in the Iraqi private banks select a ceiling of at least 250 billion Iraqi dinars, or about 215 Million dollars".



Lot of MULA!


_________________
[You must be registered and logged in to see this link.]
avatar
fonz1951
Interacting Investor
Interacting Investor

Posts : 2568
Thanked : 1037
Join date : 2012-12-19

Re: Foreign banks expand their business in Iraq

Post by fonz1951 on Tue 15 Mar 2016, 6:41 pm

oh yeah? well, cows call it moo-lah, so there!  lol!

Sponsored content

Re: Foreign banks expand their business in Iraq

Post by Sponsored content


    Current date/time is Sun 21 Jan 2018, 10:04 am