Iran, Iraq and Turkey are discussing plans to set up a joint investment bank at Iran-Turkey border, an Iranian provincial official announced.
Joint Bank Planned With Iraq, Turkey
Tag Archives | Banks
Banker Bemoans Foreign Banks' Reluctance To Set Up In Iraq
Mudhhir Mohammed Saleh, who is a member of the Central Bank's board of advisers, told RFI that foreign banks are conspicuous by their absence in Iraq for a variety of reasons, including security concerns and the lack of a favorable legal framework.
Tags: Banks, Investment
Bank Ratings Maintain Positive Trend
Banks in the Middle East and Africa saw stable outlooks at a very high level of 92.8 per cent at the end of the first quarter, a latest report on Global Banking Trends Q1 2010 by Fitch Ratings said.
Tags: Banks
Iranian Bank Branches in Iraq
Iran's Parsian and Karafarin banks have been granted permits by the Iraqi government to open branches in Baghdad - Iran is the main trading partner of Iraq and has been one of the largest investors in Iraq since the fall of Saddam.