TBI registers increase in profits in 2012

Baghdad (IraqiNews.com) The Trade Bank of Iraq announced registering a progress in its financial activities during 2012.The Director of the Bank, Hamdiya al-Jaff, reported in statement received by IraqiNews.com ”The financial activities of the bank during 2012 were developed in terms of operational capacity of the bank cadre whose efforts contributed in achieving profits that increased 34 % comparing to the profits of 2011.”

”The work plan which was set for 2012 was achieved by inaugurating branches in the Iraqi provinces and the work is continuing inside and outside Iraq to expand the work of the Bank,” she added.”The increase that occurred in the capital of the bank, to be one trillion IQD, also participated in achieving success and progress in the banking network of the TBI,” the statement pointed out.