Trade Bank of Iraq Hosting CBI Governor

Trade Bank of Iraq Hosting CBI Governor

On Thursday, 10 December, 2024, the Governor of the Central Bank of Iraq “CBI”, Dr. Ali Mohsen Al-Aalaq, visited the headquarters of Trade Bank of Iraq and was welcomed by the bank’s president and chairman, Mr. Bilal Sabah Hussein. This visit comes in order to review the workflow and the services provided by the bank, in general.

The bank’s official spokesman, Mr. Ahmed Saad Al-Khazraji, stated: “The Governor of the Central Bank of Iraq visit aims to follow up on the report of the Central Bank’s support team, which has been working for nearly a year with the advanced team of Trade Bank of Iraq to strengthen its operations in various fields. This visit is part of the ongoing efforts to improve the bank’s performance and enhance its services. This has significantly contributed to increasing the bank’s efficiency and developing its services, in line with the Iraqi government’s vision for the advancement of the Iraqi banking sector. The Governor also emphasized the pivotal role for the bank in supporting commercial financial transfers, which helps stimulate the Iraqi market. He further noted the remarkable progress the bank has achieved over the past year in terms of services provided and the opening of new branches to expand the bank’s operations.”

He added: “On his part, the bank’s president, Mr. Bilal Sabah Hussein, expressed his gratitude and appreciation to the Governor and the Central Bank’s support team for their continuous support of the bank. He confirmed that the bank’s operational procedures are progressing steadily toward achieving the strategic plan aimed at providing innovative banking services that meet customer expectations and enhance confidence in the Iraqi banking sector, as well as improving performance, expanding the number of branches, and increasing the range of services provided, all of which contribute to strengthening the bank’s local and international standing.”

” “In conclusion, the Governor praised the efforts of the Trade Bank of Iraq’s staff, highlighting their dedication and commitment to the institution. He emphasized the importance of maintaining this approach to strengthen the bank’s position and enhance its pivotal role in supporting Iraq’s economy.”