The First Iraqi Bank To Reap A Realistic Result From Al-Sudani’s Visit To Washington, 22 APRIL

 The First Iraqi Bank To Reap A Realistic Result From Al-Sudani’s Visit To Washington

The US International Development Finance Corporation (DFC) and the US Agency for International Development (USAID) signed a $50 million loan agreement for the National Bank of Iraq (NBI), with the aim of expanding access to finance for entrepreneurs.

Prime Minister Muhammad Shiaa Al-Sudani witnessed the signing ceremony of the agreement on the sidelines of the meeting of the Iraqi-American Supreme Coordination Committee in Washington.

This loan, which was attended by the CEO of the American International Development Finance Corporation, Scott Nathan, and the Chairman of the Board of Directors of the National Bank of Iraq, Bassem Khalil Salem, is the first loan provided by the American International Development Finance Corporation to a commercial bank in Iraq.  https://www.radionawa.com/all-detail.aspx?jimare=38020