Sunday 25 August 2019
 
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Trade Bank of Iraq

Iraq bank, Stanchart, GE close $600m power finance deal

Trade Bank of Iraq (TBI), Standard Chartered Bank and General Electric have jointly closed a $600 million financing agreement that funded an ambitious electricity project 'Power Up Plan' implemented across Iraq. The govern

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Iraq bank, Stanchart, GE close $600m power finance deal

Trade Bank of Iraq (TBI), Standard Chartered Bank and General Electric have jointly closed a $600 million financing agreement that funded an ambitious electricity project 'Power Up Plan' implemented across Iraq. The govern

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Iraq bank, Commerzbank sign $115m loan deal for SMEs

Trade Bank of Iraq (TBI) has signed a Basic Loan Agreement for financing loans with Commerzbank to support small and medium sized projects in Iraq. The Loan Agreement was signed at the back of TBI being approved by Germany’s

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Iraq bank, Commerzbank sign $115m loan deal for SMEs

Trade Bank of Iraq (TBI) has signed a Basic Loan Agreement for financing loans with Commerzbank to support small and medium sized projects in Iraq. The Loan Agreement was signed at the back of TBI being approved by Germany’s

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GE, Trade Bank of Iraq, StanChart sign MoU

GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have signed a financing memorandum of understanding (MoU) to accelerate the development of power and infrastructure projects in Iraq. The agreement also underlines the

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Trade Bank of Iraq FY10 net rises 18 per cent

Trade Bank of Iraq (TBI), which was established to facilitate the country's international trade, posted a net profit of $361 million for the year 2010, up 18 per cent from $305 million in 2009. Total operating income for the year was u

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Trade Bank of Iraq eyes overseas expansion

The Trade Bank of Iraq plans to expand abroad and almost double of the number of its branches in Iraq next year to benefit from an anticipated oil boom, its chairman said. The state-run bank is also eyeing financing deals in the energy sec

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Iraqi bank to join Thomson Reuters FX dealing

The Trade Bank of Iraq (TBI) will become the first bank in the country to join the global foreign exchange dealing system of Thomson Reuters Corp, a joint statement said on Wednesday. The bank will use the system to help Iraqi companies tr

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