Iraq takes Banking advice from Citibank
Iraq takes Banking advice from Citibank
The Washington Independent’s Spencer Ackerman notes that at a press conference in Baghdad on Sunday, U.S. Embassy spokesman Adam Ereli boasted that the Iraqi banking sector is taking advice from Citibank:
Beyond education and culture, in the field of economy and services, it’s worth noting that
representatives of U.S. banks, JP Morgan and Citibank and others came to Baghdad on January 28th, participated in an international banking conference that explored correspondent banking relations that would deepen commercial ties between Iraq and the international community, business community.
Citibank has already established correspondent relationship services agreement with Iraq’s Warka Bank that allows clients of both banks to e.xecute cash payments, wire transfers and trade transactions to both corporate and retail entities in all Iraq’s cities and provinces.
From a Blog
U.S. Owns Citi so I would not take advice from either
Quote:
Originally Posted by
bigopie
maybe its like the blind leading the blinder??....lol..who knows....as long as they RV soon....lol...Pat
Funny,
So true Pat, given the mess Citi is in, and even worse mess since gov. bailout and takeover, this would be the last two I would take banking advice from. LOL
Success to all, Mike