Trade Bank of Iraq commissions Visa card training to tackle demand

The Trade Bank of Iraq (TBI) was the first Iraqi bank to issue Visa cards in 2005 and has recognized the need for professional financial training of its employees, to support ongoing demand and to give employees the tools to market the Visa card as effectively as possible.

TBI recently commissioned CEMEA, the Visa Business School, to customize a tailor-made course only for TBI Visa employees.

A customized course was necessary since there are still difficulties in guaranteeing entry permits to the countries where Visa typically holds such courses for its member banks.

The course covered training in Launching and Marketing the Visa card programme; Visa card operations; Visa card systems and processes; and Acquiring and Merchant procedures.

Hussein Al-Uzri, chairman of TBI, said: "The increased use of Visa cards is testimony to Iraq's potential to establish itself among the leading emerging countries. TBI is putting every effort into encouraging international business best practice through its training programmes."


85% of Iraq now has an acceptable security situation and it is becoming a land of opportunity for investors, many of whom are making very significant returns.

Increased investment has increased liquidity in banks, which leads to more demand for credit cards and more training courses are likely as credit card usage increases.