Trade Bank of Iraq Announced a Profit of $475 Billion Dinars for 2011
| January 27, 2012 | Filled under Iraq Daily News |
Baghdad, bank said the Iraqi Trade Ministry of Finance’s, Tuesday, for a profit of $ 475 billion dinars in 2011 the past, while between that recovered already 50 Palmiah of debt distressed, he seeks to develop its work and provide new banking services to its customers.
The bank said in a statement that the total profits earned in the year 2011 the last was 475 billion dinars, of which 237 billion during the second half of it, pointing out that he is seeking to restructure the organization to keep pace with development of the banking business, and including a positive impact on his work. He said the bank that the value of documentary credits open before him in the past year, amounted to six billion and 309 000 268 thousand dinars, and that he had issued guarantees worth ten billion and 476 000 303 thousand dinars, pointing out that the fixed deposits has risen to 28 billion and 854 000 386 thousand dinars.
The statement that the bank redeem $500 million of its debt stalled out billion was lent during the last term, expressing their quest for a gain membership card master reliability after receiving a membership card visa reliability during the previous period.
The statement, that is to launch two cards Aatmaditin new citizens, are the gold currency for the dollar, and the other as Anvent enjoying the benefits of the World.
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