Dubai PR Network, Online Press Release from Dubai and Middle East
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
Trade Bank Iraq named Best Iraqi Bank by Global Finance Publication
 

Abu Dhabi, United Arab Emirates, October 15, 2018:   Trade Bank of Iraq’s (TBI) continued commitment to accelerating economic growth and providing modern banking service in its home country have been recognised as it was named Best Iraqi Bank by a leading global financial publication.

New York-based ‘Global Finance’ magazine rewarded TBI’s strong financial performance and its continuing initiatives to improve its international capabilities, presenting the award during a special ceremony held in Bali, Indonesia attended by leading financial institutions and other key influencers within the banking space.

Faisal Al Haimus, Chairman & President of Trade Bank of Iraq, received the award at the 2018 Annual Meetings of the International Monetary Fund and World Bank Group on Saturday (13th). He said: “Receiving such a prestigious award reiterates the bank’s achievements in lifting the economy and its efforts in offering the best in financial services.

“This award will enhance our reputation and the growing global credibility we have garnered over the last couple of years through our strategic partnerships.

“Our presence in the Middle East and the strategic relationships we have developed have been an important step in attracting more investments into Iraq and a source of confidence in the Bank's long-term strategy, which focuses on contributing to the continued development  and economic growth of Iraq.” 

TBI was established in July 2003 with the aim of helping in the reconstruction of Iraq by facilitating international trade and continues to be at the forefront of large-scale infrastructure developments across the country.

The institution’s financial network and expertise plays a significant role in sourcing and securing funding for projects. It established its first international office in the UAE in 2017 and has since signed several agreements with international banks and finance firms to help fund infrastructure projects inside Iraq.

Faisal Al Haimus added: “This award is recognition of the hard work carried out by the entire team at TBI and they should all be proud of it. I appreciate the continuous efforts of all our talented employees and thank them for working towards raising the bank's status and continually improving the level of services it provides to our customers.'

Winning banks were selected by Global Finance based on the following key criteria among others: financial performance, innovation in product and services offerings, governance and compliance, and strategic initiatives.


Posted by : Dubai PR Network Editorial Team
Viewed 6021 times
PR Category : Banking & Investments
Posted on : Monday, October 15, 2018  2:11:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Press Statement from the Central Bank of the UAE about the n...
Next Story : Dubai Islamic Bank Group 9 Month Financial Results
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Sukin's Purely Ageless, Skincare that Delivers Results [10712-Views]
Michael Kors Unveils Spring 2019 Michael Kors Collection Ad Campaign [10462-Views]
Flaunt your gravity-defying hairstyles to become the face of our brand [8674-Views]
Linda Meredith Luxury Skincare Now at Coya Spa, Mirdif [8211-Views]
City of gold celebrates the joy of new year with amazing wins this Dubai Shopping Festival [7735-Views]
Start 2019 in Style with Amazing Offers at VK Beauty Lounge & Bar [7515-Views]
Ode to a Golden Era: The Exquisite Retro Style Manero Flyback [7113-Views]
Facial Peels – What Are They? [6997-Views]
St. Valentine's Day [6887-Views]
Sony Unveils Newest Products and Introduces Latest Efforts from Entertainment Businesses ... [6655-Views]
Tonda Metropolitaine Sélène Moon Phase Watch [6606-Views]
Morison Menon strategically integrates with Kreston International and rebrands itself as ... [6344-Views]
New Lamborghini Huracán EVO: elevation of technologies for amplified driving pleasure [6314-Views]
Start the Year with some TLC and enjoy the fantastic offers at The SPA at Steigenberger Ho... [6246-Views]
Corum Heritage Eleganza- A luxury feminine piece [6143-Views]
Celebrate Valentine's Day with GUESS [5868-Views]
Hask's Winter Care for Your Hair [5777-Views]
Gharib Lands Al Shira'aa Double As One-Star Event Comes To A Close [5752-Views]
Tissot Chemin des Tourelles [5697-Views]
Rolls-Royce Motor Cars Achieves Historic Business Record [5667-Views]
With consumers spending more than 50% of data on digital entertainment and media smartphon... [5612-Views]
Malabar Gold & Diamonds' new showroom in Karnataka, India [5496-Views]
This DSF, every INFINITI customer wins it big with Arabian Automobiles [5301-Views]
Trend Alert: Stay Timeless and Classy With a D1 Milano Timepiece [5276-Views]
Nokia 8 Sirocco blends premium craftsmanship and latest innovation with Android™ 9 Pie upg... [5240-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories