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Baghdad and Riyadh exchange banking branches

Baghdad and Riyadh exchange banking branches

 

 

 

 

 

The governor of the Central Bank of Iraq on Thursday, close to the opening of a branch of the Iraqi Bank for Trade in Saudi Arabia, adding that “Riyadh will also decide to open a branch of one of its banks in Iraq.

“The monetary relations between Iraq and the Kingdom are good,and soon a branch of the Iraqi Bank for Trade in Saudi Arabia will be opened in order to facilitate the trade exchange between the two brotherly countries,” al-Alak told Saudi daily Al-Riyadh.

Al-Alak added that “Saudi Arabia will also decide to open a branch of one of its banks in Iraq soon, which will ease the economic relations between the two countries.”

Source: alrassid