GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Abu Dhabi, United Arab Emirates, October 15, 2018:   Trade Bank of Iraq's (TBI) continued commitment to accelerating economic growth and providing modern banking service in its home country have been recognised as it was named Best Iraqi Bank by a leading global financial publication.

New York-based ‘Global Finance' magazine rewarded TBI's strong financial performance and its continuing initiatives to improve its international capabilities, presenting the award during a special ceremony held in Bali, Indonesia attended by leading financial institutions and other key influencers within the banking space.

Faisal Al Haimus, Chairman & President of Trade Bank of Iraq, received the award at the 2018 Annual Meetings of the International Monetary Fund and World Bank Group on Saturday (13th). He said: “Receiving such a prestigious award reiterates the bank's achievements in lifting the economy and its efforts in offering the best in financial services.

“This award will enhance our reputation and the growing global credibility we have garnered over the last couple of years through our strategic partnerships.

“Our presence in the Middle East and the strategic relationships we have developed have been an important step in attracting more investments into Iraq and a source of confidence in the Bank's long-term strategy, which focuses on contributing to the continued development  and economic growth of Iraq.” 

TBI was established in July 2003 with the aim of helping in the reconstruction of Iraq by facilitating international trade and continues to be at the forefront of large-scale infrastructure developments across the country.

The institution's financial network and expertise plays a significant role in sourcing and securing funding for projects. It established its first international office in the UAE in 2017 and has since signed several agreements with international banks and finance firms to help fund infrastructure projects inside Iraq.

Faisal Al Haimus added: “This award is recognition of the hard work carried out by the entire team at TBI and they should all be proud of it. I appreciate the continuous efforts of all our talented employees and thank them for working towards raising the bank's status and continually improving the level of services it provides to our customers.'

Winning banks were selected by Global Finance based on the following key criteria among others: financial performance, innovation in product and services offerings, governance and compliance, and strategic initiatives.



Posted by : GoDubai Editorial Team
Viewed 6179 times
Posted on : Monday, October 15, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Press Statement from the Central Bank of the UAE about the new Federal Government debt law
Next Story : Dubai Islamic Bank Group 9 Month Financial Results
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Rolls-Royce Motor Cars Achieves Historic Business Record
Celebrate the Month of Love with a Brighter Smile at The Smile Bar
Introducing Burberry Bespoke Fragrances
Longchamp Spring/summer 2019 Show
Malabar Gold & Diamonds opens a new showroom in Millennium Dubai Airport Hotel t...
Hankook 24 Hours of Dubai kicks off the 2019 season for Audi
Global Village presents Scheherazade, a timeless tale of intrigue and adventure
Always take the front row with this 7.2” supersized smartphone screen
Making many tones from one
Turkish Airlines reached the 80.2% Load Factor in December 2018.
Celebrate Valentine's Day With a Quintessential Timepiece From D1 Milano
Eberhard & Co. Gilda makes an extraordinary Valentine's Day gift
Tag Heuer Demonstrates Watchmaking Mastery With Its New Carrera Calibre Heuer 02...
Third Edition of Al Shira'aa International Horse Show Concludes with Thrilling Finale
Epson to participate at SGI 2019 for the 10th year highlighting high value solut...
The Preston watch collection by Coach
A Chaumet Valentine's Day Sentimental jewellery
Beef Sushi- Love at first bite
Bring out the Chef in your little ones at 800 Degrees Pizzeria
Bollywood Actor Anil Kapoor to inaugurate 2 new outlets of Malabar Gold & Diamon...
Dubai Festival City Mall's Festival Bay transformed with a new, larger-than-lif...
Persil Appoints Nancy Ajram as the new Regional Brand Ambassador
Shane Breen Wins Grand Prix Qualifier at Al Shira'aa International Horse Show fo...
Smart City Services at Silicon Park Reach Advanced Level of Completion
Flying Grand Regulator now available in new colour combinations
Joyalukkas Shopper wins BMW Car in DSF Mega Promotion
Time for Unsung Heroes to Be Recognised With Citizen Campaign
Nicole Kidman at the Golden Globe Awards
Walid Atallah's “Dream Dress”: The new revolution in the World of Fashion 2019
Al Mouj Muscat pays tribute to Oman with Layers of Oman Exhibition
Tissot PRS 516 Alpine Limited Edition A sporting tribute
Canadian University Dubai (CUD) launches degree program in Climate Change in par...
Union Coop Among the ‘Elite' Sponsors of The FAZZA Championships for People of D...
ADEK's Winter Activities Program in Abu Dhabi hailed a resounding success
S@TIS' traceability software packages to feature at Arab Health 2019
The Kingdom of Saudi Arabia's Minister of Energy, Industry, and Mineral Resource...
Audi turns the car into a virtual reality experience platform at CES
Citi UAE opens Citigold lounge in Abu Dhabi.
OMEGA reintroduces the iconic Calibre 321
Luxury jewelry house Dhamani 1969 launches exclusive CHRYSALIS collection
Scuderia Ferrari presents PILOTA Family Collection
Alawwal bank becomes first Middle East firm to offer AI training for all staff
DLD records growing demand on its smart applications
SteelFab 2019 attracts the participation of the largest leading companies in the...
2020 Cadillac XT6 Makes Global Debut
Emirates Nuclear Energy Corporation Celebrates 3rd Barakah Excellence Awards
Airbus achieves new commercial aircraft delivery record in 2018
Global Energy Forum: His Excellency Khalid Al-Falih's address on day three
The Region's Most Anticipated Shopping Festival Is Back at Burjuman
DLD strategic partner of Egypt Mega Property Show in Cairo