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FRANK26: "IBBC SEES A NEW EXCHANGE RATE COMING"........F26

Ashur Bank joins Iraq Britain Business Council

According to a statement from the IBBC, the move follows a long relationship between the Council and the bank's CEO, Mohammed Al-Delaimy.'
It says the bank, established in 2005 is one of the leading private banks in Iraq, offering comprehensive banking services to individuals and businesses, with a strong focus on digital innovation, financial inclusion, and developing financial products tailored to the evolving needs of the Iraqi market.

Mr. Mohammed Al-Delaimy, CEO of Ashur International Bank, stated:

"We, at the bank, are delighted to join IBBC, which we consider a strategic platform to strengthen cooperation with leading international institutions, exchange expertise, and contribute actively to Iraq's economic growth. Our membership in the council aligns with our vision of thoughtful expansion and building effective and sustainable partnerships. This compliments our ongoing collaboration and support with IBBC since day one"

Mr Christophe Michels, MD of IBBC said:

"IBBC has a long history of partnering with Mr Al.Delaimy, as a member of the IBBC's Advisory Council and previously during his leadership roles at Trade Bank of Iraq and SCB [Standard Chartered Bank], so we are delighted to be working with Ashur International Bank and the promise of modern digitised  and corporate banking that Iraq and IBBC members value."

(Source: IBBC)

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