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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


2 posters

    Foreign Bank examines the exit because of the dominance of the Rafidain and Rashid banks in Iraq

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280906
    Join date : 2012-12-21
    • Post n°1

    Foreign Bank examines the exit because of the dominance of the Rafidain and Rashid banks in Iraq Empty Foreign Bank examines the exit because of the dominance of the Rafidain and Rashid banks in Iraq

    Post by Rocky Wed 26 Jun 2013, 1:32 pm

    Foreign Bank examines the exit because of the dominance of the Rafidain and Rashid banks in Iraq


    June 26, 2013 In economic



    Baghdad/Iraq News Network-HP said HSBC Holdings said Tuesday he was considering selling majority stake owned by the Dar es Salaam Investment Bank of Iraq and are the largest international bank in Iraq.Amid speculation in the Iraqi banking sector for some time about the share of HP. HSBC is 70.1 percent in Dar es Salaam, said Simon Cooper, Chief Executive for HP. HSBC Middle East and North Africa, told reporters in April that the Bank is reviewing its presence in Iraq.The Bank said in a notice to regulators in London "in the wake of the strategic review decided to study options to exit from the acquisition. HSBC Bank Dar es Salaam," adding that he would not participate in any process intended to increase the Bank's capital Dar es Salaam.As part of a global restructuring plan three years reduced HP. HSBC retail banking activities in some countries in the Middle East and consolidate its activities in the Sultanate of Oman with a local bank also reduced its activities and Islamic banking.Sale may face complications due to the dominance of Government banks, Rafidain and Rasheed on the banking sector in Iraq in addition to a large number of small banks.And caused security problems in Iraq and political difficulties for the activities of the many international banks operating there despite promising potential for the country's nascent banking sector.Nevertheless, Standard Chartered Bank said it hopes to open branches in Iraq this year, Citigroup said Monday that it will open a representative office in Baghdad.


    [You must be registered and logged in to see this link.]
    • Back to top
    Neno
    Neno
    Neno
    Admin
    Admin


    Posts : 10948
    Join date : 2012-12-17
    Age : 61
    Location : Lone Star State
    • Post n°2

    Foreign Bank examines the exit because of the dominance of the Rafidain and Rashid banks in Iraq Empty Re: Foreign Bank examines the exit because of the dominance of the Rafidain and Rashid banks in Iraq

    Post by Neno Wed 26 Jun 2013, 3:22 pm

    Hey, it is the size of TEXAS but with black gold wealth the size of the world.... ;)
    • Back to top
      Current date/time is Sun 17 Nov 2024, 6:48 pm