TBI 25th Step towards Expansion
Press Release
Iraq – Baghdad
October 21ST, 2024
As part of its strategic plan for expansion and increased widely, Trade Bank of Iraq (TBI) has opened a new branch located at Al-Mansour-Karkh/Baghdad making the total number of branches spread across Baghdad and other provinces to 25. The branch will offer a variety of services to its customers, including individuals, government institutions, local private sector companies, and foreign instiutions operating in Iraq.
The official spokesperson for the bank, Ahmed Saad Al-Khazraji, stated, “The management of Trade Bank of Iraq, chaired by Mr. Bilal Sabah Hussain, President of the Bank and Chairman of the Board of Directors, is working to implement all the directives of the Prime Minister, Mr. Mohammed Shia’ Al-Sudani, in developing all banking services offered to customers and increasing the number of branches overall. This aims to provide better services and facilitate banking procedures to meet the public different needs.”
He added, “Trade Bank of Iraq is steadily and confidently advancing towards enhancing financial inclusion and supporting the Iraqi national economy by providing all financial and banking services contributing to supporting commercial operations. This, in turn, will facilitate the import of raw materials for various sectors, including industrial, food, and others, in addition to providing banking support for reconstruction efforts, infrastructure development, and various other sectors.”
TBI reaffirms its full commitment to enhancing financial transparency and implementing corporate governance standards for banks. It also strives to provide innovative financial solutions that meet the needs of its clients across various sectors. In addition, the bank is dedicated to promoting and supporting investment and trade in Iraq and backing developmental projects, contributing to economic stability and sustainable growth.