Tag Archives | Iraqi Middle East Investment Bank (IMEIB)

Major New Report on the Iraqi Banking Sector

Singapore-based Sansar Capital Management has issued a comprehensive new report on the Iraqi banking sector. The report finds that while the mix of an improving macro environment and security situation offer attractive investment ingredients, many challenges remain for those interested in participating through public markets. Nevertheless, Iraq remains one of the most under-banked countries in […]

IMEIB Achieves $18m Net Profit in 2011

The Iraqi Middle East Investment Bank (IMEIB) has achieved a net profit of Iraqi dinar IQD21.6 billion ($18 million) in 2011, according to a report from Arab News. As at the end of 2011, the total cash in hand and at bank was IQD369.7 billion, compared to IQD 343.9 billion in 2010. The monetary credit […]