Trade Bank of Iraq (TBI) has been recognised for their outstanding performance and service taking home the prestigious award at the Achievements Forum 2019.
Hosted by the Achievements Forum, the event saw some of the leading business figures and institutions from across the world assemble at the Westin Palace Hotel in Milan.
The Achievements Awards serve to recognise reward and honour excellence across business and economy, science and education, healthcare, culture and art. The awards support, promote and develop the best regional companies, institutions and personalities in different activity spheres.
The forum rewarded TBI’s continued commitment towards providing modern banking services in Iraq, presenting the ‘Achievements Award’ during the special ceremony held yesterday.
The bank has invested heavily in essential infrastructure and organisation across its nationwide network to provide the latest banking products, systems and services to customers. TBI has continued to expand its chain of branches and ATMs as well as improving its banking capabilities by extending opening hours and introducing night deposit facilities.
Faisal Al Haimus, Chairman & President of Trade Bank of Iraq, who received the award, said: “We are delighted to receive this esteemed award as it acknowledges the success we have achieved in the last few years.
“Setting new standards in Iraq’s banking sector through innovation and outstanding performance has always been one of the core strategic focus of our business and will continue to be the same for us going forward.”
A pillar for the national economy, TBI has continuously maximized the Government of Iraq’s equity share through expanding its business locally and internationally. Encouraging and securing foreign investment is one of TBI’s key goals as it promotes the country and its own services as a reliable option for investors.
Faisal added: “The awards are gratifying as it also helps to further cement our status as the go-to bank for companies and institutions looking to make smart investments in the future of Iraq.
“We will continue to innovate, improve and enhance our service quality to meet the growing demands, needs and expectations of our customers.”
This milestone comes at the back of the opening of TBI’s new corporate headquarters in Baghdad last month and the opening of its first international branch in Riyadh, Saudi Arabia in April this year. The bank also recently transferred over 90 million USD, 50% of their net profit for the year 2018, to State Treasury to support and strengthen the economy of Iraq.
TBI is making great strides towards reaching its strategic goals both in business and in assisting the ongoing reconstruction of Iraq as it continues to define its reputation as a competent institution with access to global financial networks.
As TBI moves forward with its strategic plan that will take the bank up to 2021, it continues to play a pivotal and influential role in Iraq’s ongoing recovery and regeneration.