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Wednesday, November 11 - 2009

TBI opens new branches to expand coverage throughout Iraq

The Trade Bank of Iraq (TBI) has opened new branches in Arbil, Basra and Suleimania.

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The branches are fully operational and are signing up new customers and taking deposits.

Hazim Atar, Assistant General Manager of the TBI, said,
"We are pleased to announce the opening of these three new branches as part of TBI's strategy to bring new and innovative banking products and services to all parts of Iraq. These branches will allow us to serve Iraqi business and government departments in the north and south of the country and increase the volume of international trade in key areas."


TBI plans to open branches in all 18 governorates in Iraq by the end of 2007. TBI is Iraq's most innovative and modern bank, specializing in international trade finance, and with a wide network of international correspondent banks, TBI plays a key role in the development of Iraq's economy and the reintegration of Iraq into the global financial community.

The branch managers assigned to the new branches are: Arbil- Mrs. Gheed Khalil, Branch Manager, Basra- Mr. Dawoud Sakran, Branch Manager, Suleimania- Mrs. Perween Ismail, Assistant Branch Manager.

All three are very experienced Iraqi bankers with good local knowledge and contacts.
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