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(diff source) Maliki bank opens in Britain Baghdad

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tlm724

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Maliki bank opens in Britain Baghdad
11/27/2013 18:24

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An official statement said the prime minister, Nuri al-Maliki said the prime minister today inaugurated the branch president of Standard Chartered Bank.

According to the statement  , the "al-Maliki said in a speech opening ceremony," We stand today in front of a turning point in the economic field through the entry of international banks in Iraq, and we have a desire to advance the process of construction and reconstruction that require banking operations successful. "

The Prime Minister added that "the entry of international banks sends a message that Iraq is not isolated from the world, and represents an important step towards strengthening the interaction between international banks and Iraq," he was pleased that "have such a bank partner for Iraq," calling for banking institutions to the National " take advantage of cutting-edge expertise that can be provided by the bank and its branches, which will open later in Basra and Erbil. "

It was a statement to the British Embassy to Iraq, has described the opening of the Bank of England as a step make Standard Chartered the first international bank carries out full banking on the ground in Iraq, "adding that" the bank will open two more branches in Iraq, in Arbil next month in December, as well as in Basra during the first half of next year 2014. "

She Embassy expressed hope that "the Standard Chartered Bank   will play a key role in the development of the banking sector in Iraq and be an active participant in achieving economic growth of the country, "indicating that" the goal of Standard Chartered's main objective is to meet the needs of its clients in Iraq, particularly in the sectors of energy, oil, telecommunications, infrastructure as well as to support large government projects. "

British Ambassador Simon Cowles According to the statement, "I am glad to see Standard Chartered, which is one of the leading financial institutions in Britain, will open its offices in Iraq," adding that "the financial sector plays a vital role in economic development, and the United Kingdom dedicated to promote the existence of financial sector activity and very open, transparent and diverse in Iraq. "

He Cowles "We are working hard to further partnerships between companies and institutions   of British and Iraqi forces and to strengthen the commercial and financial relations between our two countries to serve the interests of everyone. "
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