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  1. #1
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    Post Major New Report on the Iraqi Banking Sector

    Singapore-based Sansar Capital Management has issued a comprehensive new report on the Iraqi banking sector.
    The report finds that while the mix of an improving macro environment and security situation offer attractive investment ingredients, many challenges remain for those interested in participating through public markets.
    In addition to providing a detailed analysis of the industry, the report examines the Iraqi private bank sector through the lens of the five largest private banks, ranked by deposit size:

    • North Bank (BNOR);
    • Bank of Baghdad (BBOB);
    • Iraqi Middle East Investment Bank (BIME);
    • Kurdistan International Bank (BKUI); and,
    • Dar Es Salaam Investment Bank (BDSI).

    Please click here to download the full 64-page report free of charge.


    Source: Iraq-BusinessNews.com.

    Post your commentary below.

  2. #2
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    Excellent read, well worth the time.

  3. #3
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    says hsbc may pull out !!!!!!!!!!!!

    another one bites the .............

  4. #4
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    Quote Originally Posted by Will-it-happen? View Post
    says hsbc may pull out !!!!!!!!!!!!

    another one bites the .............
    Those rumors have been around a while...they might as well quit, they're not doing anything.

    I sure wish the banks were evaluated by income and net profit, the top 5 would have tossed hsbc (dar es salam) and included United or Gulf.

    It's a shame Credit Bank was left out, according to Dr. Mark DeWeaver, they'll be the gateway into the ISX.

    News like this is GOLD...read it, and re-read it again.

  5. #5
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    Without doubt the single most informative piece on the Iraqi private banking sector that I have ever seen. So much great info in one place on a subject where info is difficult to come by. A similar report on United Bank would have absolutely topped my day !

    Nice to see Wassim from Al Karmal on the list of acknowledgements.
    Last edited by 24mm exposed grid; 05-22-2013 at 06:09 AM.

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