Search results
Results from the WOW.Com Content Network
WASHINGTON/BAGHDAD (Reuters) -The United States has barred 14 Iraqi banks from conducting dollar transactions, the Wall Street Journal reported on Wednesday, citing U.S. officials.
Al Qurtas Islamic Bank for Investment and Finance (QIB) International Development Bank of Iraq (IDB) Ashur International Bank for Investment; FIRST IRAQI BANK
Iraq has banned eight local commercial banks from engaging in U.S. dollar transactions, taking action to reduce fraud, money laundering and other illegal uses of U.S. currency days after a visit ...
Dozens of people protested in front of the Central Bank of Iraq in Baghdad and bank owners called for official action to stem a sharp increase in the dollar exchange rate Wednesday, after the ...
Bank of Mesopotamia) is an Iraqi bank headquartered in Baghdad, with 146 branches inside Iraq as well as branches in London, Cairo, Beirut, Abu Dhabi, Bahrain, Amman and Jabal Amman. [1] Its headquarter is in central Baghdad. As of 2017, Rafidain Bank was the largest bank in Iraq and had around 45% of banking assets in Iraq.
The Bank of Baghdad (ISX: BBOB) is one of the largest commercial banks in Iraq.It was established in 1992. Bank of Baghdad is a member of KIPCO group and enjoys international banking partnerships throughout the Middle East, North Africa, and further afield to Europe, United States of America, United Kingdom, and China which allows us to provide better regional banking services through sister ...
Iraq's central bank must address continued risks of the misuse of dollars at Iraqi commercial banks to avoid new punitive measures targeting the country's financial sector, a top U.S. Treasury ...
Since then, TBI has grown into a leading bank in Iraq through strengthening its financial position, assets, and equity. TBI started with paid-up capital of US$5 million (authorised capital: USD 100 million) in July 2003 and the paid-up capital increased on 2020 to $3 billion from $2.3 billion in 2019 as part of its plan to raise the bank's ...