By John Lee.
Prime Minister Mohammed S. Al-Sudani met with a delegation from Arab Bank, headed by Chairman of the Board of Directors Mr. Sabih Al-Masri, on Sunday, as part of preparations for the inauguration of the bank's new branch in Baghdad. The meeting focused on enhancing financial and banking cooperation between Iraq and Arab Bank, with discussions on the bank's involvement in financing key investment projects.
Prime Minister Al-Sudani highlighted the historical significance of Arab Bank's presence in Iraq, having operated in the country for nearly eighty years. He noted that the bank's return to Iraq reflects the country's political and economic stability. The Prime Minister further emphasized that Arab Bank's role should extend beyond traditional financial services, actively contributing to Iraq's development and economic stability.
The Prime Minister reassured the delegation of the government's commitment to providing full support for Arab and foreign banks to bolster Iraq's economic growth. In response, the Arab Bank delegation expressed their eagerness to finance various investment projects and expand their operations to support job creation and stimulate Iraq's economic sector.
(Source: PMO)
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