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Financing between the Convention (TBI) and GE and Standard Chartered Bank to support energy projects
Baghdad / term
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Financing between the Convention (TBI) and GE and Standard Chartered Bank to support energy projects
Baghdad / term
It announced the Trade Bank of Iraq, thesigning of a memorandum of understanding between GE and the Iraqi Trade Bank (TBI), and Standard Chartered to provide funding to accelerate the pace of work in the energy and infrastructure projects in Iraq.
The Director - General and head of the Iraqi Council of management of the bank for trade agency, Faisal Alheims in a press release received the "long" version of it, "represent a memorandum of understanding theembodiment of our commitment to support national growth march , which is based largely on providing astrong infrastructure to achieve economic growth and ensure the welfare and prosperity of the Iraqi people ".
He added , "We will cooperate with our partners to ensure the employment of funding provided by theMemorandum of Understanding way back interest interrogator on the development of infrastructure in our projects, especially in the energy sector and it will help in the financing of this transaction Bank Group Ahli United, based in Bahrain, which will participate as a financier secondary in the first syndicated loan witnessed by the Iraqi banking sector , along with major funders who are the trade Bank of Iraq (TBI) and Standard Chartered Bank. "
He explained that "signing was attended by Undersecretary of the Ministry of Finance Dr. Fadhil Nabi ceremony as well as Board Member of Representatives Chairman of the parliamentary Economic Committee Ahmed Kanani, a member of the House of Representatives Finance Committee parliamentary Haitham al -Jubouri."
Knowing that he had visited concerned above the bank building were found on some sections and to identify the actions by these sections before you start signing decrees.
The Director - General and head of the Iraqi Council of management of the bank for trade agency, Faisal Alheims in a press release received the "long" version of it, "represent a memorandum of understanding theembodiment of our commitment to support national growth march , which is based largely on providing astrong infrastructure to achieve economic growth and ensure the welfare and prosperity of the Iraqi people ".
He added , "We will cooperate with our partners to ensure the employment of funding provided by theMemorandum of Understanding way back interest interrogator on the development of infrastructure in our projects, especially in the energy sector and it will help in the financing of this transaction Bank Group Ahli United, based in Bahrain, which will participate as a financier secondary in the first syndicated loan witnessed by the Iraqi banking sector , along with major funders who are the trade Bank of Iraq (TBI) and Standard Chartered Bank. "
He explained that "signing was attended by Undersecretary of the Ministry of Finance Dr. Fadhil Nabi ceremony as well as Board Member of Representatives Chairman of the parliamentary Economic Committee Ahmed Kanani, a member of the House of Representatives Finance Committee parliamentary Haitham al -Jubouri."
Knowing that he had visited concerned above the bank building were found on some sections and to identify the actions by these sections before you start signing decrees.
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