Middle East Economic Survey


No 22



Trade Bank Of Iraqs Role Evolves As Trade Financing Volumes Climb

The state-owned Trade Bank of Iraq (TBI) is expected to play a key role in helping to finance the rebuilding of Iraqs infrastructure, while expanding its banking services, TBIs President and Chairman Husain al-'Uzri said at the Trade and Investment Finance Conference in 'Amman, Jordan, on 17-19 May. TBI, capitalized at $100mn, was set up in July 2003 to finance trade when...