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Abu Dhabi Islamic Bank opens branch in Iraq

Togo,Business/Economy, Wed, 25 Jul 2012 IANS

Abu Dhabi, July 25 (IANS/WAM) Abu Dhabi Islamic Bank (ADIB) Wednesday opened its branch in the Iraqi capital.

ADIB is now poised to support and guide UAE in Iraq and its surrounding areas, the bank said.

It will offer corporate finance, investment banking and treasury products to the Iraq market.

In addition, ADIB will offer traditional commercial banking services such as international trade finance solutions, it said.

CEO of ADIB Tirad Al Mahmoud said: "Iraq has been on our agenda for some time now and we believe that this is the opportune time to launch our presence there.

--IANS/WAM

snb



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