Tag Archives | Capital Bank

Capital Bank to buy Lebanon's Bank Audi

By John Lee. Jordan's Capital Bank has said that it has signed a letter of intent to acquire assets and liabilities of Lebanon's Bank Audi. It's Chairman told Reuters that the bank has already begun due diligence on buying Bank Audi's Iraqi units. Click here to see the stock market annoucement. Click here to read […]

Iraqi Bank to Open 5 more Branches

By John Lee. The National Bank of Iraq plans to open five more branches in Iraq by the end of this year, in what Reuters described as a sign that there is still money to be made in much of the country despite civil war and low oil prices. Vice-chairman Ayman Abu-Dhaim told the news […]