Economy News – Baghdad
The Prime Minister, Mohammed Shia Al-Sudani, discussed on Tuesday, with the delegation of JPMorgan, headed by the bank’s deputy director Daniel Zeleko, strengthening cooperation in the financial and banking fields.
The Prime Minister’s Media Office said in a statement received by “Economy News” that “the Sudanese met with a delegation of JPMorgan Bank headed by Deputy Director Daniel Zeleko on the sidelines of the Iraqi banking sector reform conference held in Baghdad.”
During the meeting, “there was a discussion of enhancing cooperation in the financial and banking fields, and the bank’s participation in the financing of various investment projects, in addition to discussing the mechanisms of securing credits and financial transfers and their access to their beneficiaries in Europe and the United States, which will contribute to improving the services provided to Iraqi traders and importers.”
Al-Sudani stressed the importance of expanding the areas of partnership between Iraqi banks and JPMorgan Bank, pointing out the government’s readiness to provide all forms of support to strengthen this relationship.
For its part, the delegation of JPMorgan Bank expressed “the readiness to increase cooperation with Iraq, by expanding the number of correspondent accounts open to Iraqi banks, and their readiness to finance a number of investment projects directly or through partner financial institutions.”