The Iraqi Commercial Bank announces its capital increase to two trillion and 750 billion dinars



Date 21/08/2017

Economy News _ Baghdad

The director of the Iraqi Trade Bank Faisal Himes, that the capital of the bank has increased from trillion and 750 billion dinars, to trillion and 750 billion dinars.

"The bank's strategy for the years 2017 to 2019 depends on the bank's expansion locally and internationally, relying on young qualified staff," he said during a press conference held by Al-Iktissad News. "The bank's operations have been expanded by opening four new branches with 350 jobs New".

He explained that "the net profit of the Iraqi Bank for Trade in the first half of the current year amounted to 119 billion dinars, indicating that the reopening of a branch in Ramadi in addition to the opening of another branch at the headquarters of the Missan Oil Company."

The Homs, had announced earlier that the bank and in cooperation with the Central Bank of Iraq, intends to obtain approval to open a branch in the city of Mosul, during a record period, indicating that it would be "rejoicing" to restore the city of the organization of Dahesh.

Link