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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.