Bank (HSBC) British investment loans declares his intention to "leave Iraq and sales of financial shares"
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Bank (HSBC) British investment loans declares his intention to "leave Iraq and sales of financial shares"
Admin Tue Jun 25, 2013 4:34 pm
[ltr] Author: HAA
Editor: AJ, RS
25/06/2013 18:14 [/ltr]
[ltr]Range Press / Baghdad
The Department of the Bank (HSBC) British loans investment, on Tuesday, they "are considering the sale of the majority of the bank's shares in Bank of Dar es Salaam" for investments, and confirmed that he "will not be a contribution" to increase a proposed capital Bank of Dar es Salaam, with Ezzat reason to "re- international banking restructuring for three consecutive years, "showed that it was decided to" reduce its activities in some countries in the Middle East and Islamic banks. "
The administration has said the bank in a press release summary of London quoted (and the Reuters news agency), and briefed him (range Press), that "after doing audits strategy decides search options transfer of shares of the Bank (HSBC) at the Bank of Dar es Salaam (DES) for investments," noting that it "will not be the bank proposed to increase contribution to the bank's capital Dar es Salaam, which made him one of the most important global investment banks loans in Iraq."
He added that "as part of the restructuring process of international banking for three consecutive years decided Bank (HSBC) to reduce its commercial banking in some countries of the Middle East and the integration of its operations in the Sultanate of Oman with some of the local banks," he said, adding that "trimmed also operations in Islamic banks" .
There were doubts inspire market banking Iraq for some time that the bank (HSBC) British who owns (70.1%) of the shares of Bank of Dar es Salaam has left Iraq, where the announced bank manager Executive Officer for the Middle East and North Africa Simon Cooper, in previous statements to reporters in ( April 22, 2013), that "the issue of HSBC bank's presence in Iraq is under review."
The press reports indicated that the bank, which is the largest in the world in terms of assets, will manage the process of selling shares great.
http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.almadapress.com/ar/NewsDetails.aspx%3FNewsID%3D14193&usg=ALkJrhj5f5ns57BtqI-F0k5xgz6D1DIXzw
[/ltr]
Editor: AJ, RS
25/06/2013 18:14 [/ltr]
[ltr]Range Press / Baghdad
The Department of the Bank (HSBC) British loans investment, on Tuesday, they "are considering the sale of the majority of the bank's shares in Bank of Dar es Salaam" for investments, and confirmed that he "will not be a contribution" to increase a proposed capital Bank of Dar es Salaam, with Ezzat reason to "re- international banking restructuring for three consecutive years, "showed that it was decided to" reduce its activities in some countries in the Middle East and Islamic banks. "
The administration has said the bank in a press release summary of London quoted (and the Reuters news agency), and briefed him (range Press), that "after doing audits strategy decides search options transfer of shares of the Bank (HSBC) at the Bank of Dar es Salaam (DES) for investments," noting that it "will not be the bank proposed to increase contribution to the bank's capital Dar es Salaam, which made him one of the most important global investment banks loans in Iraq."
He added that "as part of the restructuring process of international banking for three consecutive years decided Bank (HSBC) to reduce its commercial banking in some countries of the Middle East and the integration of its operations in the Sultanate of Oman with some of the local banks," he said, adding that "trimmed also operations in Islamic banks" .
There were doubts inspire market banking Iraq for some time that the bank (HSBC) British who owns (70.1%) of the shares of Bank of Dar es Salaam has left Iraq, where the announced bank manager Executive Officer for the Middle East and North Africa Simon Cooper, in previous statements to reporters in ( April 22, 2013), that "the issue of HSBC bank's presence in Iraq is under review."
The press reports indicated that the bank, which is the largest in the world in terms of assets, will manage the process of selling shares great.
http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.almadapress.com/ar/NewsDetails.aspx%3FNewsID%3D14193&usg=ALkJrhj5f5ns57BtqI-F0k5xgz6D1DIXzw
[/ltr]
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