Trade Bank Iraq Participates in Salary Domicile Process for Kurdistan Region Employees

Trade Bank Iraq Participates in Salary Domicile Process for Kurdistan Region Employees

Press Release

Iraq – Baghdad

May 8, 2024

In compliance with the decisions of the Federal Supreme Court and in accordance with the directives of the esteemed Prime Minister, Mr. Mohammed Shia’ Al-Sudani, regarding the participation of the Trade Bank of Iraq (TBI) in the salary domicile process for the employees of the Kurdistan Regional Government in Iraq.

A dedicated delegation from TBI, led by the Manager of TBI’s Erbil branch, met with a specialized delegation from Kurdistan Regional Government in Erbil. The meeting aimed to discuss the process of domiciling the salaries of regional employees within the bank, discussions covered the requirements for opening accounts, issuing cards, and deploying ATM machines throughout the region, ensuring convenient cash withdrawal for employees.  

TBI’s delegation clarified to the corresponding delegation that the Salary Domicile Process represents the utmost importance to the Prime Minister, Mr. Mohammed Shia’ Al-Sudani, and is being directly and personally monitored due to the significant interest it holds for the people in the Kurdistan Region of Iraq.

In conclusion, TBI delegation expressed its full readiness to provide salary domicile services and to issue electronic cards to government sector employees in the Kurdistan Region of Iraq. The bank awaits the employee’s lists submission, along with the supporting documents, from the regional government. This will allow TBI to promptly initiate and carry out the salary domicile process.

 

Trade Bank of Iraq (TBI).