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Bucharest
May 19, 2022
BUSINESS

EximBank – Rasheed Bank cooperation for easing the access on Iraqi market

EximBank will offer to Romanian companies an investment guide for entering Iraqi markets following a cooperation agreement signed with Rasheed Bank, one of the biggest banking institutions in Iraq, a press release informs.   “Romanian companies are highly interested in the Iraqi markets and EximBank has set a priority out of the efforts to facilitate the development of Romanian projects in the area. This is why, following a meeting with an economic delegation from Iraq, we convened that, under the framework of the governmental efforts to intensify the commercial exchanges between the two countries, Rasheed Bank will provide to EximBank an foreign investment guide comprising all the necessary information for starting investment projects and which will be made available to Romanian companies,” declared Traian Halalai, President of EximBank. He added that during the same meeting both EximBank and Rasheed Bank have shown interest in establishing a correspondent banking relationship.

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