Mergers & Acquisitions
Retail Banking
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Iraqi trade bank reportedly intends to acquire a Turkish lender
The state-run Trade Bank of Iraq announced its will to acquire a bank in Turkey, stating that the acquisition would be covered through a $350 million budget. If TBI succeeds, it will have purchased a foreign bank for the first time. Turkey is the largest trade partner of Iraq. With…
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Click here to read the full story: Daily Sabah