Top bankers from Bahrain and the Union of Arab Banks have pledged full support to Iraq in improving its stability and strengthening economic, trade and investment ties.
This came during a recent visit of a high-level banking delegation including Adnan Ahmed Yousif, President and Chief Executive of Al Baraka Banking Group (ABG) and Chairman of the Bahrain Association of Banks (BAB), to the Iraqi Capital, Baghdad.
“We look forward to supporting Iraq’s stability and encouraging strengthening economic, trade and investment ties with Bahrain by opening banking financing and investment channels. We are ready to provide all banking services to Iraqi banks to achieve this goal,” said Adnan Ahmed Yousif, commenting on the visit.
He added: We received all the welcome and hospitality, and this is not strange to our people in Iraq, which has brotherly and historical ties with the Kingdom of Bahrain.”
The visit at the invitation of the Association of Iraqi Private Banks also included a delegation from the Union of Arab Banks, consisting of Wissam Fattouh, Secretary General of the Union and Raja Kammouny, Media Advisor to the Union.
For his part, Wissam Fattouh, Secretary General of the Union of Arab Banks expressed the Union’s readiness to provide training and advice to banks and financial institutions in
Iraq.
Talks were held with the Governor of the Central Bank of Iraq Dr. Ali Al-Alaq, Deputy Governor Dr. Munther Abdul Qader Al-Sheikhly, President of the Association of Iraqi Private Banks Wadih Handal, general managers of the Iraqi private banks as well as a number of general managers of major government banks such as Rafidain Bank, Rasheed Bank and the heads of Islamic and traditional banks in Iraq.
News of Bahrain
16/01/2018
