Tag Archives | Albaraka

AlBaraka Bank ‘to Open a Branch in Erbil’

The Turkish AlBaraka Bank will open a branch in Erbil in August, according to a report from Turkish Weekly. It would be Albaraka’s first branch in a foreign country. “The Erbil branch will contribute to bilateral relations between Iraq and Turkey,” Albaraka’s director general Fahrettin Yahsi said. There have been reports of AlBaraka opening an […]

New Turkish Banks Opening in Erbil

The Turkish alBaraka Bank will open its branch in Erbil, the Kurdistan Region’s capital, in early January, according to a report from AKnews. According to the information leaked to the agency’s correspondent, the bank’s officials have completed the formal application through the Central Bank of Iraq (CBI), and have informed the Kurdistan officials of the […]

Albaraka Türk to Open Branch in Erbil

Emerging from the global financial crisis unscathed, several Turkish banks plan to expand into neighbouring countries. Following Ziraat Bankas‎, Bankas‎ and Kuveyt Türk, leading Turkish bank Albaraka Türk is also planning to open a branch in Erbil, northern Iraq, Fahrettin Yah‏i, the general manager of the bank, said yesterday. The growing business volume between Turkey […]