Central: British bank branch opens in Baghdad

[Hue Mi]

Central: British bank branch opens in Baghdad

Posted in Business & money Monday, 25 November 2013 16: 10

Baghdad/future news: Central Bank of Iraq, agreed Monday to open a branch of the British Bank in Baghdad, expecting to start the Bank its work before the end of this year.

The Bank said in a statement that "the Bank announced the granting of a licence for the standard bank garterd to open a branch in Baghdad of various banking activities".

The Bank said that "the Bank representative informed Iraq that approval", predicting that "the Bank proceeds its work before the end of this year."

A number of private banks in the past have criticized the opening of foreign banks in Iraq, saying that they don't meet the ambitious and keep away from the economic realities of Iraq.

And Prime Minister Nouri al-Maliki inaugurated on 24 June a branch US Bank won't in the green zone, is the first US Bank to open in Baghdad, while a number of Iraqi banks made reservations on the opening that would threaten their work.

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[ChinaGirl]

**Bribe "The Tribe" & The Rules Start to Slide - With Warka NO... on your own .. Yes**

The central bank gives (Standard Chartered) license to open a branch in Baghdad

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BAGHDAD / JD / .. Central Bank announced the granting Bank (Standard Chartered) license to open a branch in Baghdad, as demanded by starting (7) million dollars as a lump operational capital.
The bank said in the book to the bank received a transmitter / JD / copy of it: Based on the ongoing correspondence with the bank, the decision of the Board of Directors to grant final approval of your bank to work in Iraq.
He added: As has been approved to open a branch of your bank in Baghdad, calling on the Bank (Standard Chartered) to inform the Central Bank directly on the branch in order to provide him with the symbolic number.
According to the statement, approved by the Central Bank on the firm (KPMG) to monitor and audit of the branch of the Bank (Standard Chartered.

[English Bob]

Shirley this is old news!

Excuse spelling I am replying while riding my cammel!

EB

[baz]

I vote we should get Paul Flowers to run this bank, that way we stand a more then better chance of getting most of our assets back....Oh and....

....EB your supposed to use the camel to go down to the shops on....Not what your doing with it!

[ChinaGirl]

HAhahaHAHA - now that's funny.... Shirley is your Camel ??? oh... never mind ... ride on EB

Shirley this is old news!

Excuse spelling I am replying while riding my cammel!

EB