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guardian
06-12-2013, 03:13 AM
Standard Chartered eyeing Iraqi market



Iraq: 2 hours, 17 minutes ago



British lender Standard Chartered is planning to develop operations in Iraq, in a bid to capture global trade flows that are increasingly shifting East, Reuters has reported. The bank, which makes about four-fifths of its operating profit in Asia and the Middle East, aims to develop operations in countries such as Mozambique and Myanmar, as well, said Standard Chartered's global head of transaction banking business, Karen Fawcett. Trade between the Middle East and Asia has grown 700% between 2000 and 2010, Fawcett said.



http://www.ameinfo.com/standard-chartered-eyeing-iraqi-market-345054

War Eagle
06-12-2013, 11:45 PM
Maybe they will accept 49% of Warka!!!!!Let's HOPE!!

Screaming Eagle
06-13-2013, 01:26 AM
That would be a kick, wouldn't it? HAHA

HumbleGenius
06-13-2013, 08:41 PM
Maybe they will accept 49% of Warka!!!!!Let's HOPE!!

Yes, Standard Charter got to where they are today by going in 49% with bankrupt banks and letting the current management of the bankrupt bank maintain control.