Iraq News - Local News - Baghdadpost

Trade Bank Iraq opens first international branch in Saudi Arabia

Trade Bank Iraq
Trade Bank of Iraq

State-owned Trade Bank of Iraq has opened a branch in Saudi Arabia, its first international outlet, the bank said in a statement on Thursday.

"The wholly government-owned bank, which holds an 80 percent market share in Iraq, has opened its first international branch office in the Al-'Olayya District of Riyadh and will start its operations soon," the statement said.