Prime Minister Mohammed Shia Al-Sudani welcomed on Sunday the return of the Arab Bank to work inside Iraq, after nearly eighty years of a pause, stressing that this step represents a clear indication of the political and economic stability witnessed by the country at the current stage.
The Sudanese Media Office said in a statement received by {Euphrates News} that “the latter received the delegation of the Arab Bank headed by Sabih Al-Masri, Chairman of the Bank’s Board of Directors, accompanied by a number of members of the Bank’s Board of Directors, on the occasion of the near opening of the Bank’s branch (Arab Bank / Iraq) in the capital Baghdad. During the meeting, it was discussed to strengthen cooperation between Iraq and the Bank in the financial and banking fields, and the Bank’s participation in financing various investment projects.”
He stressed that “the Arab Bank has been present in Iraq directly for nearly eighty years, explaining that its return is now important and reflects the state of political and economic stability that the country is currently witnessing.”
The Prime Minister pointed out that it is important that the bank’s activity is not limited to providing financial services, but contributes to the process of development and economic stability in the country, stressing the government’s readiness to provide all forms of support and support, in order to enhance Arab and foreign banking activity, in the service of the Iraqi economy and its development.”
For its part, the Bank’s delegation expressed its readiness to finance a number of investment projects and expand their banking activities, in a way that will contribute to creating job opportunities and revitalizing the economic sector.
https://alforatnews.iq/news/رئيس-الوزراء-يرحب-بعودة-البنك-العربي-خطوة-مهمة-لدعم-الاقتصاد-الوطني
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