“Your unique Work is always Rewarded”
Trade Bank of Iraq launched its monthly program (Work, Complete, Be Unique) in order to develop the bank and its staff depending on duties, principles and objectives adopted by TBI.
This initiative is based on daily-accomplished works, additional initiatives and suggestions that may develop the employee’s department specifically and the bank as whole, not mentioning strengthening team work aspect among employees. The program also takes into consideration overtime works, through which duties can be accomplished quickly.
The project is formed by three simple words:
Work: means performing your duties honestly & truthfully and bearing the decision making responsibility.
Complete: means completing your job accurately & in high quality within the frame time in order to gain customer satisfaction.
Be Unique: Having positive ideas and social initiatives along with being cooperative and up to date with your officer and colleagues.
Mr. Hassanin Muzher Hussain, a TBI employee, was rewarded the Certificate of Uniqueness on December 2018, which was handed to him by Mr. Faisal Al Haimus, President and Chairman of Trade Bank of Iraq, wishing him and all TBI staff more creativity.
As part of social responsibility towards our country and youth, Trade Bank of Iraq honored the young-talented Iraqis, who participated their work through TBI official page, at its annual celebration held on Friday 21st December 2018 at Alalwya Club.
The participant’s works were listed in a handbook, which will be distributed at the Opening Ceremony of TBI new branch at Kingdom of Saudi Arabia.
We wish for all youth more creativity and determination to achieve ambitions and a developed Iraq.
Chairman & President and members of the Board of Directors and all employees of the Trade Bank of Iraq congratulate on the occasion of Christmas
TBI PARTICIPATES IN CONFERENCE HOSTED BY THE AMERICAN CHAMBER OF COMMERCE TO DISCUSS INVESTMENT OPPORTUNITIES IN IRAQ
Baghdad, December 24, 2018: Trade Bank of Iraq (TBI) officials met with Douglas A. Silliman, the United States Ambassador to the Republic of Iraq, and a delegation of American companies at a conference hosted by the U.S. Chamber of Commerce held recently at the Babylon Warwick Hotel in Baghdad.
The meeting delegates discussed several solutions to help enhance the Iraqi economy and accelerate the delivery of high-quality services throughout the country.
During his address to the delegation, Faisal Al Haimus, Chairman & President of Trade Bank of Iraq, highlighted the significant role TBI plays in assisting the ongoing reconstruction of Iraq as the bank continues to define its reputation as a competent institution with access to global financial networks.
Mr. Faisal said: “Trade Bank of Iraq has established strategic partnerships between the Iraqi government and private infrastructure developers around the world.
“We have also provided guarantees and generated financing through our established relationships with global financial institutions in order to generate more investment in Iraq in the last few years.
“The bank has received several international awards and recognitions based on our constant efforts to raise the standard of transparency and quality in our financial services which has helped to attract investments.”
Douglas A. Silliman, U.S. Ambassador to Iraq, emphasized that the size of the delegation of over 50 companies and 100 delegates created an atmosphere of genuine enthusiasm to invest in Iraq. The American Ambassador noted that Trade Bank of Iraq has played a significant role in serving the interests of the country through the import and export operations, as well as forming global partnerships aimed at improving the economy of Iraq.
The visiting delegation included a number of businessmen and heads of American companies from multiple business sectors.
The conference, held in Baghdad December 9 & 11, concluded with a series of economic recommendations and discussions during which delegates reviewed the strong relationship between Iraq and the United States of America and discussed prospects for supporting and developing various business sectors, expanding areas of economic partnerships, and raising the level of trade exchange between the two countries.
-end-
TBI BECOMES FIRST BANK IN IRAQ EVER TO BE RATED WITH B- FROM FITCH
International ratings agency, Fitch Ratings, assigns Trade Bank Iraq a Long-term Issuer Default Rating (IDR) of ‘B-‘ with Stable Outlook
Iraq, Baghdad, 19 November 2018: Trade Bank of Iraq (TBI) has been assigned Long-term Issuer Default Rating (IDR) of ‘B-‘ with Stable Outlook by Fitch Ratings.
The impressive B- marks the first time an Iraqi Bank has received an official rating through an international ratings agency.
TBI was assessed under Fitch’s globally recognized rating criteria which considered the overall financial health of the bank with emphasis on its financial statement, management, profitability, portfolio diversification, liquidity and revenue among other factors.
Mr. Faisal Al Haimus, President Trade Bank of Iraq commented “The rating assigned to TBI, the first for an Iraqi Bank and in line with the Sovereign of Iraq is indeed a very proud achievement for all of us.
“Our strong balance sheet and profitability, healthy liquidity, diversification strategy in the Corporate and Retail sector and our continued success in the creation of innovative products and services is a testament of working towards our Strategic Initiatives.
“Our achievements have been well recognized through the many awards and accolades received in recent years and we continue to strive forward relentlessly towards our vision with greater zeal and determination.”
TBI was established in July 2003 with the aim of helping in the reconstruction of Iraq by facilitating international trade and continues to be at the forefront of large-scale infrastructure developments across the country.
The institution’s financial network and expertise plays a significant role in sourcing and securing funding for projects. It established its first international office in the UAE in 2017 and has since signed several agreements with international banks and finance firms to help fund infrastructure projects inside Iraq.
TBI is a pioneer financial institution in the Republic of Iraq, having dealings with a wide network of 417 correspondent banks, in 61 country worldwide.
At the end of 2017, TBI had Total Assets of USD 19.300 billion and Net Profit of USD 362.432 million. TBI has the largest network of 25 branches and 122 ATMs & CDMs spread across Iraq. The trust and confidence reposed by the people and the nation have helped the bank to maintain the leadership position.
ENDS
About Trade Bank of Iraq (TBI)
The Trade Bank of Iraq was established in 2003 and is the top commercial bank in the country. The bank holds approximately 80% of the trade finance business in Iraq and ranked 1 among Arab banks in terms of cost to income ratio and 332 globally in terms of Tier 1 capital. It has established 25 branches across Iraq, offering a wide range of banking services to all customers including companies, individuals and government institutions to widen its customer base and expand into new markets.
Four winners of TESTAHEL 9th draw/Season Two 2018 have received their prize of One million IQD, for each.
Check photos for more details:
In implementation of the directives of the Prime Minister, Mr. Adel Abdul Mahdi, on the occasion of the anniversary of the great victory against ISIS,
All TBI’s employees from north to south, they declared sadness for our martyrs who sacrificed their innocent souls to our beloved Iraq.
May the souls of our brave soldiers rest in peace
On Tuesday 10 December 2018, Trade Bank of Iraq attended the fourth annual conference of the Central Bank of Iraq: Data and Trends, which was held in Baghdad.
This conference reflects the renewed role of central banks in achieving monetary stability and contribution in establishing the components of economic growth and sustainable development.
The conference included three sessions, the first of which was “Relationship between the Monetary and Financial policies”, the second one was, “The role of the Banking system in Stimulating the Private Sector (International experiences)”, while the third session was “The Developmental Dimension of Monetary Policy in Iraq.”
In conclusion, Trade Bank of Iraq was honored by the Central Bank of Iraq and ranked first in terms of the salary domiciliation.
Mr. Faisal Al-Haimus, President and Chairman of the Trade Bank of Iraq along with all TBI members congratulate the Prime Minister Adel Abdulmahdi and all Iraqi people on the occasion of the great victory against ISIS.
As the first governmental institution in Iraq, we supported the efforts of our armed forces and our people by giving all possible aids during two visits to the left and right side of Mosul (Um Al-Rubaieen), the first of which was the “Lil Mosul Tanina” campaign on 23-12-2016 and the second one was “Barakat Ramdania” campaign on 29-5-2017.
We are in tremendous happiness to see our people safely back home and that every trace of ISIS was polished.
May the souls of our brave soldiers rest in peace
On Sunday (09/12/2018), Mr. Mohammed Abdul Wahid Zghair Al-Olawi, the 9th winner of IQD 10.000.000 million of TESTAHEL draw for second season, has received his prize in Bagdad by Mr. Osama Abduljalil, manager of International Zone Branch.
The winner was so grateful to TBI for receiving this prize, expressing that it was a unique experience that aims to keep people’s funds save at the bank, in case you won, you will receive 20 time your deposit amount”.
TESTAHEL product is a certificate of deposit lunched for the first time in Iraq on march 2017 by TBI. Any citizen can participate on this draw by depositing only IQD 500.000 in one of TBI branches. and have chance to inter monthly draws of IQD 10.000.000 million and 4 other ones, each of which is of IQD 1,000.000 million in addition to semi-annual draw of IQD 40.000.000 million and 4 other ones, each of which is of IQD 5,000.000 million. As for the prize of annual draw became of 250,000,000 million instead of IQD 100.000.000 million as was in TESTAHEL first draw.
Participate now by depositing IQD 500,000 AT ONE OF TBI branches at Baghdad or at other provinces.
Our product is subject to the previously mentioned conditions and regulations of Central Bank of Iraq.
“Your unique Work is always Rewarded”
Trade Bank of Iraq launched its monthly program (Work, Complete, Be Unique) in order to develop the bank and its staff depending on duties, principles and objectives adopted by TBI.
This initiative is based on daily-accomplished works, additional initiatives and suggestions that may develop the employee’s department specifically and the bank as whole, not mentioning strengthening team work aspect among employees. The program also takes into consideration overtime works, through which duties can be accomplished quickly.
The project is formed by three simple words:
Work: means performing your duties honestly & truthfully and bearing the decision making responsibility.
Complete: means completing your job accurately & in high quality within the frame time in order to gain customer satisfaction.
Be Unique: Having positive ideas and social initiatives along with being cooperative and up to date with your officer and colleagues.
Mr. Salam Aman, a manager in strategic planning & special project, was rewarded the Certificate of Unique on November 2018, which was handed to him by Mr. Faisal Al Haimus, President and Chairman of Trade Bank of Iraq, wishing him and all TBI staff more creativity.
The Winners of TESTAHEL 9TH Draw!
Press Release
Iraq – Najaf (04/12/2018)
Trade Bank of Iraq would like to congratulate the lucky winner of IQD10,000,000 of TESTAHEL 9th draw – season two, Mr. Mohamed Abdulwahed Zoughaer Al Eliawi, who is a member of TBI- International Zone Branch.
As announced previously about increasing the prizes, the draw included four additional winners, added to the winner of 10,000,000 IQD, each of them shall gain IQD 1,000,000.
And those 4 winners are:
Mrs. Rafida Nouman Hassan
Mr. Fakher Mashaf Thujeel
Mr. Barza Oniy Haji Qader
Mr. Bhroz Mohammed Hassan
On (04\12\2018), the 9th TESTAHEL draw was held at TBI-Najaf branch. The event was attended by Mr. Waleed Eadi, Central Bank of Iraq Representative, Mr. Fouad Al Wakeel, Deputy President of TBI, Mr. Saif Almashhedani & Mr. Hamza Falieh, TBI Assistant President along with some of the investors in TESTAHEL.
It is worth mentioning that “TESTAHEL” is one of the new products issued for the first time in Iraq by TBI and has the approval of the Central Bank of Iraq. The citizen can participate in it by depositing IQD 500,000 thousand in one of TBI branches to get a chance to win prizes through monthly draws and one semi-annual and one annual draw in accordance with the previously mentioned conditions.
Trade Bank of Iraq in Mosul
On Friday (30/Nov/2018) Trade bank of Iraq participated in the second reading festival as a main sponsor of us social initiatives in the left-part of Al-Mousl. The initiatives included the purchase of various books (scientific and stories) and contribute to make of twenty libraries will be distributed with books in schools and the central library at the University of Mosul.
The festival included several of activities, including pantomime performances that refers to unity, band entertained by Osman Al-Musli, Bazar for handmade, selling books with nominal prices in favor of personnel casualty (Thalassemia), and distribution of libraries to school administrations and each library includes )250(books for primary and secondary schools in the city of Mosul and regions.
The number of participants was (1000) person, this only indicate to love reading. In addition to mentioned above, TBI participated in order to introduce their services to the citizens and answer their queries.
“We continue in our initiatives in Mosul Al-Hadba, for we believe that everyone shall live in lovely and peace”.
TRADE BANK OF IRAQ’S UAE OFFICE GETS ISO 9001 CERTIFICATION AS IT CELEBRATES COMPLETION OF A SUCCESSFUL FIRST YEAR
Abu Dhabi, Nov 28, 2018: Trade Bank of Iraq (TBI) is celebrating the anniversary of the launch of its first international office in style, as it has been awarded a renowned ISO certification validating its continuous efforts towards successfully implementing international best practises.
TBI’s representative office in Abu Dhabi has been certified to ISO 9001:2015 Quality Management System certification following a recent audit by LMS Certification Limited. The certification is the world’s most established quality framework, used by more than one million organisations in 170 countries, and sets the standard for quality management systems.
It confirms that TBI has met the requirements of the ISO standard for its quality management system across its operations, including a strong customer focus, the process approach and its drive for continual improvement.
The Bank’s decision to obtain recognition of the compliance of its Abu Dhabi office with the most recent version of the ISO 9001 standard is a means to continue improving the quality, efficiency and transparency of its functioning.
Faisal Al Haimus, Chairman & President of Trade Bank of Iraq, said: “We are delighted that our continued hard work has been recognised and we see it as one more step in ensuring that all of our services are administered with the highest standards.
“Trade Bank of Iraq always aims to be a market leader when it comes to product innovation and customer service. This can only be achieved by successfully applying the best international banking practices using the latest technology and investing in human resources.
“These global credentials demonstrate our commitment towards operations in the region and providing best-in-class services and we feel it provides additional assurance to our customers that we are focused on continuous improvement and customer satisfaction.”
This milestone comes on the heels of TBI celebrating the first anniversary of its representative office in Abu Dhabi, which opened in November 2017 at Abu Dhabi Global Market on Al Maryah Island.
It has been a hugely successful first year as the satellite office has boosted the bank’s international credentials and has helped to initiate positive negotiations and partnerships in the region. The bank has also received approvals from the authorities to open a full branch in Saudi Arabia which is scheduled to open during early 2019.
The Abu Dhabi representative office played a significant role in enhancing relationships with entities such as GE, Standard Chartered Bank, Commerzbank and Mashreq. Also, it aided in the launch of the first Fixed Income fund in Iraq, a milestone in the development of the country’s financial and economic landscape.
It has also allowed TBI to promote investment opportunities in Iraq and to establish relationships with key institutions within the UAE’s banking and financial sectors.
TBI is making great strides towards reaching its strategic goals both in business and in assisting the ongoing reconstruction of Iraq as it continues to define its reputation as a competent institution with access to global financial networks.
Mr Al Haimus added: “TBI’s international presence acts as a perfect platform for businesses to gain access to Iraqi business networks and provide financial expertise to link them with opportunities in the growing Iraqi market.
“TBI will continue to play a major role in Iraq’s growth and we look forward to aiding the nation’s redevelopment with the support of our network of international institutions and forging new relationships with companies and banks across the world.”
As TBI moves forward with its strategic plan that will take the bank up to 2021, it continues to play a pivotal and hugely influential role in Iraq’s ongoing recovery and regeneration. The success of the bank’s endeavours are directly linked to the stability and prosperity of the country and have a far-reaching impact on Iraqi society.
TBI was recently awarded the Best Iraqi Bank by Global Finance magazine and won the Best Trade Finance Bank in Iraq by The Banker Middle East. TBI was ranked 1st place among Middle East banks in terms of Cost to Income Ratio, and ranked globally number 332, in terms of Tier One Capital by The Banker magazine.
-ENDS-
“Your unique Work is always Rewarded”
Trade Bank of Iraq launched its monthly program (Work, Complete, Be Unique) in order to develop the bank and its staff depending on duties, principles and objectives adopted by TBI.
This initiative is based on daily-accomplished works, additional initiatives and suggestions that may develop the employee’s department specifically and the bank as whole, not mentioning strengthening team work aspect among employees. The program also takes into consideration overtime works, through which duties can be accomplished quickly.
The project is formed by three simple words:
Work: means performing your duties honestly & truthfully and bearing the decision making responsibility.
Complete: means completing your job accurately & in high quality within the frame time in order to gain customer satisfaction.
Be Unique: Having positive ideas and social initiatives along with being cooperative and up to date with your officer and colleagues.
Mr. Hassan Ali Abas, a TBI employee, was rewarded the Certificate of Uniqueness on October 2018, which was handed to him by Mr. Faisal Al Haimus, President and Chairman of Trade Bank of Iraq, wishing him and all TBI staff more creativity.
Four winners of TESTAHEL 8th draw /Second Season 2018 winners have received their prize Today, each of which won IQD 1,000,000
Follow photo for more details
On Thursday (08/11/2018), Mrs. Vian Hussain Nader Nader, the 8th winner of IQD 10,000,000 million in TESTAHEL draw / Season two, has received her prize in Erbil by Mr. Ali Suhail, Majdi Mall Branch Manager.
The winner was so grateful to TBI for receiving this prize, expressing:” I wouldn’t be participating in TESTAHEL without this unique trust between the Bank and its employees. The product aims to keep people’s funds save at the bank and in case you won, you will receive 20 time your deposit amount”.
TESTAHEL product is a certificate of deposit lunched for the first time in Iraq on march 2017 by TBI. Any citizen can participate on this draw by depositing only IQD 500.000 in one of TBI branches .in addition, to semi-annual draw of IQD 40.000.000 million and 4 other ones, each of which is of IQD 5,000.000 million. As for the prize of annual draw became of 250,000,000 million instead of IQD 100.000.000 million as was in TESTAHEL first draw.
Participate now by depositing IQD 500,000 AT ONE OF TBI branches at Baghdad or at other provinces.
Our product is subject to the previously mentioned conditions and regulations of Central Bank of Iraq.
Dear Followers
We are happy to vote for the TBI official Facebook page, Government Sector through the link below to receive the “Pioneers of Arab Social Communication” Award.
Government Sector: Government institutions or public sector employees who invest in social networks are honored to improve the level of services and achieve customer satisfaction.
Voting link: http://asmisvote.dpc.org.ae/vote.aspx…
TBI Facebook link: https://www.facebook.com/tbiraq/
We always seek your satisfaction.
Participate in “TESTAHEL” draw to have the chance to win many prizes through monthly, semi-annual and annual draws.
For more information, you can watch the video below of the 8th winner of TESTAHEL season 2.
The Winners of TESTAHEL 8TH Draw!
Press Release
Iraq – Baghdad (04/11/2018)
Trade Bank of Iraq would like to congratulate the lucky winner of IQD10,000,000 of TESTAHEL 8th draw – season two, Mrs. Vean Hussain Nader, who is a member of TBI- Majidi Mall-Erbil Branch. As announced previously about the increase of prizes, the draw included additional four winners, each of them shall gain IQD1,000,000.
And those 4 winners are:
Mr. Yosif Mohammed Al Shabnder
Mr. Ali Mohammed Ameen Abdullah
Mr. Hadi Mohammed Ali Al Mousawi
Mr. Zead Khaled Abdullah Al Shekhley
On (04\11\2018), the 8th draw of TESTAHEL was held at TBI head office/Al Mansour. The event was attended by Mr. Waleed Eadi, Central Bank of Iraq Representative, Mr. Fouad Al Wakeel, Deputy President of TBI, Mr. Saif Almashhedani & Mr.Hamza Falieh, TBI Assistant President along with some of the investors in TESTAHEL.
It is worth mentioning that “TESTAHEL” is one of the new products issued for the first time in Iraq by TBI and has the approval of the Central Bank of Iraq. The citizen can participate in it by depositing IQD 500,000 thousand in one of TBI branches to get a chance to win prizes through monthly draws and one semi-annual and one annual draw in accordance with the previously mentioned conditions.
On Monday 22nd Oct 2018, both the Administrative and Electronic Documentation departments proceeded with another TBI Charitable campaign by distributing stationery in Al-Yasiry primary school.
“I appreciate Trade Bank of Iraq for this careering initiative, which shall urge other Governmental institutions to work in supporting our beloved children. “ Said Mr. Hussain Falih, head of Abu-Gharib Education department, who attended the distribution event.
The event was also attended by Mr. Hamza Faleh, TBI Assistant President, Mr. Hamza Ramadan, Assistant Director of Electronic Documentation department and Mrs. Najma Farman along with some TBI members.
This campaign was arranged by raising funds from the bank employees as to feel others and see the smile on the children’s lovely faces.
Trade Bank of Iraq in Indonesia
News
On Saturday (13/10/2018) Trade bank of Iraq participated in the International Monetary Fund IMF and The World Bank Group, which were held in Indonesia- Bali for the period (11-13/ Oct. 2018).
The event was attended by Mr. Faisal Al-Haimus, President and Chairman of Trade Bank of Iraq, Mr. Saif Al –Mashhadani, Assistant president and Mr. Habib Al Bitar, Chief Representative of TBI Representative Office in Abu Dhabi along with some of TBI employees.
Bank representatives met with several international bank, such like (J.P.Morgan, Standard Chartered bank, Deutsche Bank, Commerzbank, United Emirates Bank, Citibank and aktif bank) in order to consolidate of cooperation and enhance banking business operations with Iraq through TBI.
“These meetings were held to enhance cooperation between two Parties and further to create many opportunities for economic growth in the Republic of Iraq as well as leading the way to next step that will be more active in establishing economic and investment partnerships”. Said Mr. Faisal Al-Haimus, President and Chairman of TBI
By strengthening International Relation and expanding Corresponding Banks network, the commercial trading will increase thus improving economic situation for public interest.
We are proud to announce that Trade Bank of Iraq, during the IMF meetings, received the Best Bank in Iraq 2018 award by the Global Finance magazine, ranking by that a place among the Best International Banks in Middle East.
Trade Bank Iraq named Best Iraqi Bank by Global Finance Publication
Faisal Al Haimus, Chairman & President of Trade Bank of Iraq, received the award from ‘Global Finance’ magazine at the 2018 Annual Meetings of the International Monetary Fund and World Bank Group in Bali, Indonesia
Abu Dhabi, United Arab Emirates, October 14, 2018: Trade Bank of Iraq’s (TBI) continued commitment to accelerating economic growth and providing modern banking service in its home country have been recognised as it was named Best Iraqi Bank by a leading global financial publication.
New York based ‘Global Finance’ magazine rewarded TBI’s strong financial performance and its continuing initiatives to improve its international capabilities, presenting the award during a special ceremony held in Bali, Indonesia attended by leading financial institutions and other key influencers within the banking space.
Faisal Al Haimus, Chairman & President of Trade Bank of Iraq, received the award at the 2018 Annual Meetings of the International Monetary Fund and World Bank Group on Saturday (13th). He said: “Receiving such a prestigious award reiterates the bank’s achievements in lifting the economy and its efforts in offering the best in financial services.
“This award will enhance our reputation and the growing global credibility we have garnered over the last couple of years through our strategic partnerships.
“Our presence in the Middle East and the strategic relationships we have developed have been an important step in attracting more investments into Iraq and a source of confidence in the Bank’s long-term strategy, which focuses on contributing to the continued development and economic growth of Iraq.”
TBI was established in July 2003 with the aim of helping in the reconstruction of Iraq by facilitating international trade and continues to be at the forefront of large-scale infrastructure developments across the country.
The institution’s financial network and expertise plays a significant role in sourcing and securing funding for projects. It established its first international office in the UAE in 2017 and has since signed several agreements with international banks and finance firms to help fund infrastructure projects inside Iraq.
Faisal Al Haimus added: “This award is recognition of the hard-work carried out by the entire team at TBI and they should all be proud of it. I appreciate the continuous efforts of all our talented employees and thank them for working towards raising the bank’s status and continually improving level of services it provides to our customers.”
Winning banks were selected by Global Finance based on the following key criteria among others: financial performance, innovation in product and services offerings, governance and compliance, and strategic initiatives..
ENDS
About Trade Bank of Iraq (TBI)
The Trade Bank of Iraq was established in 2003 and is the top commercial bank in the country. The bank holds approximately 80% of the trade finance business in Iraq and ranked 1 among Arab banks in terms of cost to income ratio and 332 globally in terms of Tier 1 capital. It has established 25 branches across Iraq, offering a wide range of banking services to all customers including companies, individuals and government institutions to widen its customer base and expand into new markets.
Four winners of TESTAHEL 7th draw /Second Season 2018 two have received their prize Today, each of which won IQD 1,000,000
Follow photo for more details.
“Your unique Work is always Rewarded”
Trade Bank of Iraq launched its monthly program (Work, Complete, Be Unique) in order to develop the bank and its staff depending on duties, principles and objectives adopted by TBI.
This initiative is based on daily-accomplished works, additional initiatives and suggestions that may develop the employee’s department specifically and the bank as whole, not mentioning strengthening team work aspect among employees. The program also takes into consideration overtime works, through which duties can be accomplished quickly.
The project is formed by three simple words:
Work: means performing your duties honestly & truthfully and bearing the decision making responsibility.
Complete: means completing your job accurately & in high quality within the frame time in order to gain customer satisfaction.
Be Unique: Having positive ideas and social initiatives along with being cooperative and up to date with your officer and colleagues.
Mr. Thamir Khairallah Gatheban, a TBI employee, was rewarded the Certificate of Uniqueness on September 2018, which was handed to him by Mr. Faisal Al Haimus, President and Chairman of Trade Bank of Iraq, wishing him and all TBI staff more creativity.
On 07/10/2018 Al Najaf branch was opened in the new building situated in the bystreet of Al Ameer quarter in front of Al-Sadr Hospital, after it was rehabilitated by the Engineering staff of the Administrative Department.
As we always seek customer’s satisfaction, we also have opened Jumana Center for women. And for the first time in Iraq this center is specialized in banking operations for women only and it provides the following services (opening an account, Visa cards, TESTAHEL certificate of deposit, Derasty loan, LCs, loans and personnel saving vault…etc.).
Mr. Faisal Al-Haimus, president of TBI, said: “We are moving forward at a steady pace towards strengthening customer’s confidence in our bank. An extensive study made by the team responsible for developing bank’s services taking into account Al Najaf privacy, ascertained the need of Al Najaf community for such center in order to provide women who wish to benefit from banking services but cannot have. A dedicated staff of women only will provide comprehensive banking services and offers designed specifically for women users of the services of Jumana accounts.
Customers holding Jumana card will be privileged of 5% to 20% discount in (restaurants, beauty centers, hotels, traveling and jewelry companies) in Al Najaf.
On Monday (08/10/2018), Mr.Mohamed Thair Ibrahem,the 7th winner of IQD 10.000.000 million of TESTAHEL draw for second season , has received his prize in Bagdad by Mr.Hazim Muslih ,manager of TBI Babylon Mall Branch.
The winner was so grateful to TBI for receiving this prize, expressing that it was a unique experience that aims to keep people’s funds save at the bank TESTAHEL product is a certificate of deposit lunched for the first time in Iraq on march 2017 by TBI. Any citizen can participate on this draw by depositing only IQD 500.000 in one of TBI branches and have chance to inter monthly draws of IQD 10.000.000 million in addition to semi-annual draw of IQD 40.000.000 million and 4 other ones, each of which is of IQD 5,000.000 million.
As for the annual draw, it will be of 250,000,000 million instead of IQD 100.000.000 million as was in TESTAHEL first draw.
Participate now by depositing IQD 500,000 AT ONE OF TBI branches at Baghdad or at other provinces.
Our product is subject to the previously mentioned conditions and regulations of Central Bank of Iraq.
For the first time, Trade Bank of Iraq lunched “Jumana” service, which is a specialized center for managing women’s banking affairs. What makes unique from other centers is that all employees at Jumana are only women! The services it provides are such as: (Opening Account, Electronic Cards, TESTAHEL, Derasty loan, Letters of Credit, loans. Personal vault…).
“Jumana” card holders at Najaf province can enjoy discounts that range between (5%-20%) in many (restaurants, beauty centers, hotels, travel agencies and jewelry shops).
For more details, you can visit Jumana center on the following address:
Alameer district subway, in front of Alsader Hospital, Najaf province.
Participate in “TESTAHEL” draw to have the chance to win many prizes through monthly, semi-annual and annual draws.
For more information, you can watch the video below of the 7th winner of TESTAHEL season 2.
The Winners of TESTAHEL 7TH Draw!
Press Release
Iraq – Baghdad (04/10/2018)
Trade Bank of Iraq would like to congratulate the lucky winner of IQD10,000,000 of TESTAHEL 7th draw -season two, Mr. Mohammed Thair Ibraheem, who is a member of TBI-Babylon Mall Branch. As announced previously about the increase of prizes, the draw included additional four winners, each of them shall gain IQD1,000,000.
And those 4 winners are:
Mr. Khalil Ibraheem Nasir
Ms. Sala Mahdi Murad
Mr. Maher Khuthiar Salman Alquraishi
Mrs. Noor Adnan Mahdi
On (04102018), the 7th draw of TESTAHEL was held at TBI head office/Al Mansour. The event was attended by Mr. Waleed Eadi, Central Bank of Iraq Representative, Mr. Faisal Al Haimus, President of TBI, Mr. Saif Almashhedani, TBI Assistant President along with some of the investors in TESTAHEL.
It is worth mentioning that “TESTAHEL” is one of the new products issued for the first time in Iraq by TBI and has the approval of the Central Bank of Iraq. The citizen can participate in it by depositing IQD 500,000 thousand in one of TBI branches to get a chance to win prizes through monthly draws and one semi-annual and one annual draw in accordance with the previously mentioned conditions.
Trade Bank of Iraq and Commerzbank sign EUR 100 million financing loan framework
• Euler Hermes approves TBI for medium and long term ECA-financing
• The Loan Agreement establishes a partnership between TBI and Commerzbank and seeks to finance projects in connection with the reconstruction of Iraq
• TBI and Commerzbank aims for a business volume of EUR 100 million linked to SME projects Abu Dhabi, United Arab Emirates, Oct 03 2018: Trade Bank of Iraq (TBI) has signed a Basic Loan Agreement for financing loans with Commerzbank to support small and medium sized projects in Iraq.
The Loan Agreement was signed at the back of TBI being approved by Germany’s export credit insurer Euler Hermes as a borrower for medium and long term Export Credit Agency (ECA) financing with repayment terms of up to 5 years.
TBI aims to support public and private sector projects up to a business volume of EUR 100 million and facilitate financing of export contracts for products, materials and machines.
The newly-signed loan agreement focuses on the financing of export contracts awarded to Commerzbank clients in Germany and other European countries.
The signing of this agreement is part of the long-term strategy of TBI to source and secure funding for projects in Iraq, which will create new opportunities for employment and accelerate the process of economic growth.
TBI was established in July 2003 with the aim of helping in the reconstruction of Iraq by facilitating international trade and continues to be at the forefront of large-scale infrastructure developments across the country.
The institution’s financial network and expertise plays a significant role in sourcing and securing funding for projects.
It established its first international office in the UAE in 2017 and has since signed several agreements with international banks and finance firms to help fund infrastructure projects inside Iraq.
The MoU with Commerzbank was officially signed at TBI’s representative office at Abu Dhabi Global Market on Al Maryah Island in the presence of senior representatives from Commerzbank and Euler Hermes.
Faisal Al Haimus, Chairman & President of Trade Bank of Iraq, said: “This loan agreement will enable us to provide support for SMEs in Iraq as they have a big role to play in the economic upturn in Iraq by driving the growth.
“Thanks to the backing of Euler Hermes, funds will be transferred directly by Commerzbank to suppliers from Germany and other European countries ensuring the success of the suitable projects we identify.
The SMEs will get access to the supplies and machinery with excellent repayment terms. “We are committed towards the upliftment of the Iraqi economy by partnering and engaging with various stakeholders to help Iraqi businesses to realise their ambitions for growth.
“This agreement is further evidence that we remain committed to our mission to create new trade and investment links between Iraq and rest of the world.”
Cathrin Karpinski, Head of International Markets Export & Agency Finance of Commerzbank, said: “This Basic Loan Agreement is a great achievement which will contribute to strengthen the trade relations between Iraq and Germany.
“Through this framework we will support Iraqi companies seeking to do business with our clients in Germany and other parts of Europe by offering long-term funding for various projects in the future.
“Our strong presence in Europe combined with TBI’s knowledge of the Iraqi market will add value for German and European corporates as they gain access to business opportunities and other investment opportunities in Iraq.”
ENDS
As we seek to reach citizens everywhere and under the motto “Give yourself a job”, Trade Bank of Iraq participated in a workshop held at the University of Fallujah ” on Tuesday, 25 September 2018.
The workshop was sponsored by Fallujah University President in cooperation with the Ministry of Planning\Sectors Planning Directorate and was attended by the University’s graduates, private sector companies and Iraqi Private Banks League.
Our bank has an essential role in this workshop, which included an exhibition to display the bank products and services that serve all citizens, foe being the only government bank that participated in it.
Trade Bank of Iraq participated in Baghdad Dar Al salam 8th festival which was held on Saturday (08/09/2018) at Abu Nuas street, as a sponsor. This initiative is based on hard work of the volunteers. The preparations usually take place several months before festival get started in order to regain Baghdad famous title “Baghdad Dar Al salam through 3 essential principles as follow: (Responsibility, Participation and Citizenship).
TBI had an essential role in introducing its services during the festival for interested customers and answering all their questions.
Four winners of TESTAHEL semi-annual draw 2018 have received their prize (IQD 5 million for each winner).
“Your unique Work is always Rewarded”
Trade Bank of Iraq launched its monthly program (Work, Complete, Be Unique) in order to develop the bank and its staff depending on duties, principles and objectives adopted by TBI.
This initiative is based on daily-accomplished works, additional initiatives and suggestions that may develop the employee’s department specifically and the bank as whole, not mentioning strengthening team work aspect among employees. The program also takes into consideration overtime works, through which duties can be accomplished quickly.
The project is formed by three simple words:
Work: means performing your duties honestly & truthfully and bearing the decision making responsibility.
Complete: means completing your job accurately & in high quality within the frame time in order to gain customer satisfaction.
Be Unique: Having positive ideas and social initiatives along with being cooperative and up to date with your officer and colleagues.
Mr. Saif Raffiaa Mahmood, a TBI employee, was rewarded the Certificate of Uniqueness on August 2018, which was handed to him by Mr. Fuad Al-wakeel, Vice President of Trade Bank of Iraq, wishing him and all TBI staff more creativity.
TBI in (Al-Tayaran square)
On Saturday (18/08/2018), Trade Bank of Iraq held a Ribbon-cutting ceremony for opening Al-Tayaran Square after Rehabilitations. This is a TBI contributions in Alaq Baghdad initiative, which sponsored by Dr. Haider Al-obadi and supported by General Secretariat for Council of Ministers, Central Bank of Iraq and Mayoralty of Baghdad. the great Iraqi Musician, Naseer Shamma,started the ceremony (Alak-Badgdad)which is arranged by Iraq Private Banks League, with his beautiful play. The event was attended by Eng. Ahmed Al-Khawam, General Manager of Al-Rusafa Municipal, Mr. Fouad Al-Wakil,Vis President of TBI along with TBI Assistant Presidents and some employees. Trade Bank of Iraq is the only governmental bank that participated in that initiative, which aims to give smile back upon our BAGHDAD’s lovely face.
Mashreq, Trade Bank of Iraq and General Electric enter into strategic cooperation
Dubai, United Arab Emirates, 7 August 2017: Mashreq Bank, the leading financial institution in the UAE, has entered into a strategic cooperation with the Trade Bank of Iraq (TBI) and General Electric (GE) to accelerate the development of power projects in Iraq that will help meet the burgeoning demand for power in the country.
As one of UAE’s leading financial institutions, this partnership underscores Mashreq’s commitment to supporting transformative projects across the Middle East region. Over the last 10 years, Mashreq has supported key infrastructure projects in the region, including the likes of Ruwais Refinery Expansion Project and Bab Gas Compression Project
Commenting on the partnership, Stelios Karavassilis, Multinational Corporates Unit Head at Mashreq Bank, stated, “The Iraqi government has demonstrated a strong resolve in boosting the infrastructure of the country and Mashreq Bank aims to help the nation implement these strategic projects. We are therefore, extremely pleased to demonstrate our support to the Iraqi government via the financing of the Khor Al Zubair power station, in cooperation with our partners TBI and GE.”
Yoshito Murakami, CFO GE Power, Africa Middle East and South Asia added, “Iraq is at the forefront of unprecedented developments, and with Mashreq Bank, one of the leading regional banks, the Government of Iraq and GE, we look forward to a long and successful partnership to support the country’s power needs.”
Trade Bank of Iraq plays a key role in the Iraqi Government’s drive to enhance the power infrastructure and support the expanding requirements of its citizens. In July this year, TBI and GE successfully closed the transaction related to the rehabilitation of the Khor Al Zubair power plant worth 52 million Euros, which was financed by Mashreq under this partnership.
The Khor Al Zubair project is the largest U.S. Government-funded power-plant project undertaken in Iraq. Located in a remote region of southern Iraq, the gas-turbine plant is designed to supply electricity for hundreds of thousands of people.
Faisal Al Haimus, Chairman & President of Trade Bank of Iraq, concluded, “Trade Bank of Iraq shares a longstanding and successful partnership with GE and we enjoy a great working relationship with Mashreq Bank. The successful closure of the Khor Al Zubair transaction highlights the trust we have in each other and we look forward to building on this relationship in the future. We believe projects such as these can significantly contribute to our country’s infrastructure development, especially in the hugely important power sector.”
GE has been active in Iraq for more than 50 years, and GE technology is involved in about 50% of Iraq’s power generation’s capacity. Today, over 130 GE turbines are in operation in Iraq apart from ongoing agreements to support power generation plants across the country. With more than 300 employees and three offices in Iraq – in Baghdad, Erbil and in Basra – GE continues to deliver its advanced technology and expertise to support the country’s power needs and provide reliable and efficient electricity to Iraqi people and industries.
-ENDS-
About Mashreq:
Established in 1967, Mashreq is the oldest Bank in the UAE with award-winning financial solutions and services. Throughout its 50 years’ history, Mashreq has differentiated itself through innovative financial solutions, making it possible for its customers to achieve their aspirations. Today, Mashreq has a significant presence in 11 countries outside the UAE with 26 overseas branches and offices across Europe, USA, Asia, and Africa.
Mashreq launched its new Vision and Mission in 2016, outlining its commitment towards its clients, colleagues and the community. In line with its new Vision to be the region’s most progressive bank, Mashreq leverages its leadership position in the banking industry to enable innovative possibilities and solutions for its customers across Corporate, Retail, International, Treasury and Islamic Banking. Mashreq is proud to be the first financial institution in the UAE to be awarded the Gallup Great Workplace Award for fifth consecutive years from 2014-2018. Mashreq also continues to invest in recruiting, training and developing future generations of UAE National bankers.
About GE Power:
GE Power is a world energy leader that provides technology, solutions and services across the entire energy value chain from the point of generation to consumption. GE is transforming the electricity industry by uniting all the resources and scale of the world’s first digital industrial company. Their customers operate in more than 150 countries, and together they power more than a third of the world to illuminate cities, build economies and connect the world.
About Trade Bank of Iraq (TBI):
The Trade Bank of Iraq was established in 2003 and is the top commercial bank in the country. The bank holds approximately 80% of the trade finance business in Iraq and ranked 1 among Arab banks in terms of cost to income ratio and 332 globally in terms of Tier 1 capital. It has established 25 branches across Iraq, offering a wide range of banking services to all customers including companies, individuals and government institutions to widen its customer base and expand into new markets.
Under the title (The latest Economic reports worldwide), Trade Bank of Iraq held a mutual seminar, concerning economic affairs, in corporation with Standard Chartered bank at Baghdad- Al-Mansour yesterday on 7th August 2018.
The seminar was attended by Mr. Mohammed Al-Dulaimi, head of Standard Chartered in Baghdad/Iraq, Ms. Carla Slim, Economist at Standard Chartered Bank and Mr. Hamza Falih, TBI Assistant Manager along with group of the bank employees
Many topics and global points of views have been discussed and raised during the seminar, including USA Interest Rates and their impact on Middle East and North Africa region, improved situations in Iraq after defeating ISIS, increased oil prices and the impact of foreign politic upon International Trade.
Trade Bank of Iraq branch in Saudi Arabia
In the course of developing economic relations between Iraq & Saudi Arabia, Mr. Faisl Al Haimus, president of TBI visited the Saudi ambassador Mr. Abd Al Azeez AL Shammari. They discussed the procedures of opining a branch in Saudi Arabia and the economic relations between the two countries.
His excellency praised the role of TBI in the regional market and congratulated the opining of the new branch which will facilitate trading and economic transactions between the two countries.
TESTAHEL/Second Season
Trade Bank of Iraq congratulates Mr. Fadhel H. AlLami for winning IQD 10,000,000 million at Iraqi Red Crescent Socitey branch in the Fifthth monthly draw of TESTAHEL product.
Watch the video below for more details:
TBI VS (Sardar Trading Agency(STA)) Agreement
A cooperation agreement has been signed between the TRADE BANK of IRAQ (TBI) and agent of Jaguar Land Rover – Sardar Trading Agency(STA).
Iraq – Baghdad
In line with the vision of the bank’s management and its plan to support the private sector and provide the customers with exceptional services, Trade Bank of Iraq signed a new Sayaraty agreement with Sardar Trading Agency(STA).
The event occurred on July 29, 2018, it is part of “Sayaraty” loan project launched by TBI which aims to provide the employees whom their salaries are domiciled by TBI and are wishing to buy Jaguar Land Rover vehicles with convenient installments. The value of the loan is up to IQD 60 million. While Sardar Trading Agency handles Jaguar Land Rover Sales to citizens borrowing through TBI, the company also provides a service centers and original parts in Iraq’s provinces for after-sales service. Jaguar Land Rover manufactures also provides five years’ warranty in addition to five-year maintenance plan. The agreement was signed by Mr. Fuad Al-Wakeel Assistant president and Mr. Abd Al Hameed Awad General Agent of Sardar Group and Mr. Ranajit Sinkopta, General Manager of Sardar Trading Agency in Iraq.
Mr. Faisal Al-Haimus, President of TBI said that our Bank continues to provide the best services to its customers by launching new projects and products. Mr. Ranajit Sinkopta, said: we are very pleased with this partnership with TBI which is considered one of the leading banks in Iraq.
Project financing is subject to the Terms & Conditions of “Sayaraty” product of Trade Bank of Iraq.
Trade Bank of Iraq launched its monthly program (Work, Complete, Be Unique) in order to develop the bank and its staff depending on duties, principles and objectives adopted by TBI.
This initiative is based on daily-accomplished works, additional initiatives and suggestions that may develop the employee’s department specifically and the bank as whole, not mentioning strengthening team work aspect among employees. The program also takes into consideration overtime works, through which duties can be accomplished quickly.
The project is formed by three simple words:
Work: means performing your duties honestly & truthfully and bearing the decision making responsibility.
Complete: means completing your job accurately & in high quality within the frame time in order to gain customer satisfaction.
Be Unique: Having positive ideas and social initiatives along with being cooperative and up to date with your officer and colleagues.
Both Mr. Ali Adnan and Mr. Wissam Abdul Hadi, of Service department, were rewarded the Certificate of Unique June 2018 for their continuous hard work (without being supervised).
Mr. Osama Mohamed Sadiq also received the Certificate of Unique June 2018 for preforming his duties honestly and sincerely.
As part of our social initiatives among TBI staff, the second Ramadan Tournament ended on Friday 08/06/2018 the second Ramadan tournament ended by winning the administrative dept. team the first place in football, while Karbala team came in second.
Both of Mr. Mukdad Taha & Mr. Ahmed Eid have won the first place in Dominos, while both of Mr. Yahya Hamid & Thaer Alwan came in second.
As for “Haya & Daraj”, Ms. Naza salar Jalal from Erbil won the first place, where Mr. Mudher Abbas Kadhum from Karbala came in second.
These teams continued competing throughout the holy month of Ramadan. The winners of trophies and gold & silver medals where crowned by Mr. Saif Al Mashhadani Assistant president.
Q/ What are the official working hours of TBI Mall branches?
A/ The working official hours are as follow:
– (Sunday-Thursday)/ 10 am till 10 pm.
– Saturdays/ 10 am till 3 pm
– Friday- All TBI branches are closed.
Trade Bank of Iraq has four Mall branches, and they are namely: (Babylon Mall, Zayouna Mall, Majidi Mall/Erbil and Majidi Mall/Sulaimani).
For we care for our society and following Dr. Haider Al-Abadi directives, Trade Bank of Iraq offers its sincere condolence to the Martyrs’ families, whose Martyrs were victims of Al sadoniyah incident, and to the families of Popular Mobilization Force Martyrs from Baghdad, Al simawa, Al nassriah, Al Emara. Salah El deen and Kirkuk, who were killed in Al hawijah- Kirkuuk.
This visit included Mr. Faisal Al-Haimus, Acting CEO & Chairman of Trade Bank of Iraq, Mr. Fouad Al-Wakil, Board of Directors Secretary and some TBI employees from different province as above mentioned.
We also deeply thank the Popular Mobilization Forces for helping us reaching those families, Mercy be upon the souls of their Martyrs.
Dear Customers
Trade Bank of Iraq shall receive the pilgrims’ deposits at all its branches during works official hours (08:00 am till 03:00 pm).
Kindly be noted that TBI branches at the malls receive their customers’ deposits from Sunday-Thursday (10:00 am till 05:00 pm). As for Saturday (10:00 am till 03:00 pm).
Here are TBI’s mall branches & their locations:
· Babylon Mall branch- Baghdad
· Zayouna Mall branch – Baghdad
· Majdi Mall branch – Erbil
· Majdi Mall branch – Sulaimaniya
News
Baghdad-Iraq
On Sunday (04/03/2018) Trade Bank of Iraq held the first annual draw of “TESTAHEL” product at Babylon Wreck Hotel. The event was attended by Mr. Faisal Al-Haimus, TBI Acting CEO & Chairman, Central Bank of Iraq representatives, number of embassies and Diplomatic Missions in addition to some public figures along with TESTAHEL investors & previous winners.
The draw was made by the famous actor Mr. Ayad Rahdi and the lucky winner of IQD 100.000.000 millions was Mr. Muhammad Al Yasseen. The draw also included 9 additional prizes, each of which is of IQD 7,500,000 millions.
“We are very pleased to hold the first annual draw of “TESTAHEL” product. “TESTAHEL” is going to continue for another year and it is a great thing to see our product achieving such wide success, not mentioning that the number of investors reached (34 thousand persons) from different bank branches.” said Mr. Faisal Al Haimus in this regard.
“Next year will be different in means of prizes as follows:
The monthly draw will include 5 prizes, 4 of which are of IQD 1,000,000 million and the 5th is of IQD 10,000,000 million,
The Semi-annual draw will also include 5 prizes, 4 of them are of IQD 5,000,000 million and the 5th is of IQD 40,000,000.
As for the annual draw, it will be of IQD 250,000,000 million.” He added.
It is worth mentioning that the “TESTAHEL” is one of the new products issued for the first time in Iraq by Trade Bank of Iraq and has the approval of the Central Bank of Iraq. The citizen can participate in it by depositing IQD 500,000 thousand in one of TBI branches of the bank to get a chance to win prizes through monthly draws, one semi-annual and one annual draw in accordance with the previously mentioned conditions.
Trade Bank of Iraq participated in Maysan’s 5th International conference for energy, construction and investment for the period (26 Feb till 1st March, 2018) at Maysan’s Oil Company. More than 60 foreign and local companies also participated in this fair. Many of people visited our banks booth and TBI answered many of citizen’s questions and inquiries regarding our services and products and we were the only Iraqi bank participating in this fair.
Mr. Adnan Nushi, head of Meysan Oil and Energy company and two of parliament members Mr. Ali Maarij and Mr. Haider Al Moula also visited our bank booth.
Trade Bank of Iraq congratulates Mr. Muhammad Salih Muhammad for winning the prize of TESTAHEL first annual draw of 100.000.000 million.
TBI wins (Best local bank and Best local investment in Iraq 2017)
For we always strive to be the best in banking sector, Trade Bank of Iraq has received the following two awards by EMEA Finance on Wednesday, 28/02/2018:
1-Best local bank 2017in Iraq
2-Best local investment bank 2017 in Iraq
The event was attended by Mr. Habeeb AL-BITAR, Chief Representative of TBI Representative Office in Abu Dhabi, Mr. Saif Waleed, Head of Administrative department along with Miss. Zahraa Al-Nasrawy, Miss. Tiba Al-Nawab and Mr. Abaa Ikher Hafouth / Media and Public Relations department, Ms. Dalia Thamer/Financial Institution department and Mr.Ameer Khadim/Treasury and Investment department.
The event was also attended by many banks including (Standard Chartered, Mashreq bank, Ahli United bank, Audi bank, Kuwait bank and HSBC bank)
This nomination was by EMEA Finance magazine, which voted for the TBI as the best bank in Iraq in accordance with committee and follow up the banking business in Middle. It’s worth mention that we are the only the bank who received these prizes in Iraq.
You can follow the #Trade_Bank_of Iraq on #instagram as well:-
tbi_iraq @
For we seek to be the first to develop the economy of our beloved country Iraq and in order to ensure an effective and useful participation, Trade Bank of Iraq participated in the GTR Mena|Trade Finance Conference 2018 in Dubai as co-sponsor for the period 19-20 February 2018. TBI participated as the only Iraqi bank aiming to strength the economic outlook between Middle East and the world as Iraq is an important economic portal that must be developed with every possible effort.
This conference is of great importance where you can find Standard Charted Bank, Citibank, SAAB, J.P. Morgan, HSBC along with many substantial companies and other banks.
Trade Bank of Iraq was represented by Mr. Firas Al Hamdani, Assistant General Manager, Mr. Habib Al Bitar, CEO of TBI Representative Office in Abu Dhabi and Mr. Osama Muhammad along with Media & Public Relations department.
“Mr. Tariq Mohammed Rahdi Zahid”, the 11th winner of IQD 10,000,000 million of TESTAHEL draw, has received his prize on Thursday (15/02/2018) at Al Sulaimaniya by TBI/Al Sulaimaniya branch’s Manager.
The winner was so grateful to Trade Bank of Iraq for receiving this prize, expressing that it was a unique experience which occurs for the first time in Iraq by the bank.
Participate now and increase your chance to win!
On Wednesday (07/02/2018), Retail Banking dept. /Marketing section of TBI have met Captain Yunis Mahmood and Samer Saeed and introduced them to all TBI services and products, especially TESTAHEL product, which is a certificate of deposits that received a great interest by Iraqi people and also by Captain Yunis and Samer as shown below.
You can participate in TESTAHEL product by visiting one of TBI branches.
Trade Bank of Iraq held a training course for Ministry of Oil (South Refineries Company and Oil Pipeline Company) regarding documentary letter of credit and letter of guarantee for period (4-8/02/2018) at TBI Head Office, in order to facilitate dealing with the bank and developing employees’ skills. 15 persons participated in the course and the lectures were given by Consultant Mr. Hussam Sirry and LCs department Head, Mr. Luzan Nagim.
“We continue to support all our employees, especially unique ones”
Trade Bank of Iraq launched its monthly program (Work, Complete, Be Unique) in order to develop the bank and its staff depending on duties, principles and objectives adopted by TBI.
This initiative is based on accomplished daily works, additional initiatives and suggestions that may develop the employee’s department specifically and the bank as whole, not mentioning strengthening team work aspect among employees. The program also takes into consideration overtime works, through which duties can be accomplished quickly.
The project is formed by three simple words:
Work: means performing your duties honestly & truthfully and bearing the decision making responsibility.
Complete: means completing your job accurately & in high quality within the frame time in order to gain customer satisfaction.
Be Unique: Having positive ideas and social initiatives along with being cooperative and up to date with your officer and colleagues. This will increase interaction among employees and tighten their relationship adding more values on the bank standing and developing its business.
Mr. Suhail Najim, a TBI employee, was rewarded the Certificate of Unique Employee for January 2018, which was handed to him by Mr. Faisal Al Haimus, Acting CEO & Chairman of Trade Bank of Iraq, wishing from him and all TBI staff more creativity.
“We strive for best social initiatives”
Trade Bank of Iraq at Children Teaching Hospital
The Administrative Department cadre at Trade Bank of Iraq has reconstructed part of the Children Teaching Hospital/ Baghdad Medical City by 40% and Mr. Faisal Al Haimus have visited them on (06/02/2018) appreciating what they have done and urging them to keep up the hard work.
This visit also included Mr. Ali Mahdi, night-shift Assistant Administrative and Dr. Mammun Abdul Whid Muhammad, Pediatric Senior house officer.
The reconstruction process included outdoor playground, fountain, kitchen and sanitary facilities, which is an important part that must be in best condition for the children sack, and other parts.
For it is the duty of all of us, we call all institutions to participate in such social initiatives
You can see related pictures on the like below and we shall provide with others when the work is completed.
TBI Acting CEO & Chairman of Board of Directors along with the bank representatives has visited the museum of Mr. Alaa Al-Eidani, the Major and Military correspondent, to see liberation battle souvenirs and some honorary recognition plaques along with certifications of recognition that was awarded to him due to all those who sacrificed themselves for the sack of Iraq.
“The sacrifices of Major Alaa Al-Eidani are valuable and cannot be compared with anything else. We should follow him in the means of loyalty, hard work and giving the best for our precious country” said Mr. Faisal Al Haimus in that regard.
As a Governmental entity, we call all people to give possible aids as a small return for what Major Al-Eidani did.
On Thursday (18/08/2017) the Trade Bank of Iraq has received two prizes from International Finance Institution as follow:
1- Best Trade Bank in Iraq 2017
2- Best Banking CEO in Iraq 2017
International Finance is specialized in following institutions’ business across Africa and Meddle East.
Our Bank had received several awards due to its distinguish work during 2017 including (Best Brand Re-launch, Best Trade Finance, Best local bank and Best Investment bank). It was also ranked 19th on the list of top 100 banks in the Middle East by Banker Middle East and achieved unique income of around 900 billion dinars through 2017.
Iraqi Media Network Celebrates with TBI
Yesterday (17/1/2018) The Iraqi Media Network/Radio Iraq has arranged its first annual celebration in corporation with the Trade Bank of Iraq to represent the referendum results 2017 and honoring the brave soldiers who defeated ISIS.
The event was attended by number of governmental and political figures including Ministers, members of Parliament, Military commanders along with artistic and literary figures. During the celebration, many persons were honored for the effort they gave including Martyrs’ families for the sacrifices given by their sons and the Military commanders for their significant role in war which lead to ISIS defeat. Besides, Mr. Faisal Al-Haimus, Acting CEO and Chairman of TBI has been rewarded the prize of Best CEO 2017 in Iraq which was received by Mr. Fuaad Al-wakeel, Deputy General Manager, on Chairman’s behalf.
