PM Maliki participates in grand opening of Standard Chartered Bank in Baghdad

Posted: November 27, 2013 in Iraqi Dinar/Politics

Premiership: Maliki opens branch president for Standard Chartered Bank in Baghdad
Wednesday, October 27/2 November 2013 17:50

An official statement said the prime minister, Nuri al-Maliki said the prime minister today inaugurated the branch president for Standard Chartered Bank.

According to the statement received by all of Iraq [where], a copy of it, the “al-Maliki said in a speech to the opening ceremony, “We stand today in front of a turning point in the economic field through the entry of international banks in Iraq, and we have a desire to advance the process of construction and reconstruction that require banking operations successful. “

The Prime Minister added that “the entry of international banks sends a message that Iraq is not isolated from the world, and represents an important step towards strengthening the interaction between international banks and Iraq,” he was pleased that “have such a bank partner for Iraq,” calling for banking institutions to the National ” take advantage of cutting-edge expertise that can be provided by the bank and its branches, which will open later in Basra and Erbil. ”

It was a statement to the British Embassy to Iraq, has described the opening of the Bank of England as a step make Standard Chartered the first international bank carries out full banking on the ground in Iraq, “adding that” the bank will open two more branches in Iraq, in Arbil next month in December, as well as in Basra during the first half of next year 2014. ”

She Embassy expressed hope that “the Standard Chartered Bank will play a key role in the development of the banking sector in Iraq and be an active participant in achieving economic growth of the country,” indicating that “the goal of Standard Chartered’s main objective is to meet the needs of its clients in Iraq, particularly in the sectors of energy, oil, telecommunications, infrastructure as well as to support large government projects. ”

British Ambassador Simon Cowles According to the statement, “I am glad to see Standard Chartered, which is one of the leading financial institutions in Britain, will open its offices in Iraq,” adding that “the financial sector plays a vital role in economic development, and the United Kingdom dedicated to promote the existence of financial sector activity and very open, transparent and diverse in Iraq. ”

He Cowles “We are working hard to further partnerships between companies and institutions of British and Iraqi forces and to strengthen the commercial and financial relations between our two countries to serve the interests of everyone.”

He also spoke Christos Papadopoulos Regional CEO of Standard Chartered Bank in the Middle East, North Africa and Pakistan, saying that “our entry into Iraq is in line with our ongoing efforts to expand our presence on the ground in the Middle East and harmoniously and that this event promotes Maoadna by a here forever for goodness, where we expect to be playing a key role in the development of the financial sector in Iraq as well as in the economic development of the country. ”

“We would like to take this opportunity to thank Prime Minister Nuri al-Maliki and the organizers of this event for their cooperation and support our entry into Iraq.”

bit.ly/1dBfZ16

=== Alternate Article: Maliki: Standard Chartered Bank in Baghdad message that Iraq is not isolated

Follow-up – and babysit – Prime Minister Nuri al-Maliki opened the branch president for Standard Chartered Bank in Baghdad, “a message that Iraq is not isolated from the world.”
He said in a speech during the opening of the branch “We stand today in front of a turning point in the economic field through the entry of international banks in Iraq, and we have a desire to advance the process of construction and reconstruction that require banking operations successful.”

“The entry of international banks sends a message that Iraq is not isolated from the world, and represents an important step towards strengthening the interaction between international banks and Iraq.”

He expressed delight that “have such a bank partner for Iraq,” calling for “national banking institutions to benefit from the advanced experiences that can be provided by the bank and its branches, which will open later in Basra and Erbil.”

bit.ly/Ijjjzz

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