By John Lee.

The Bank of Jordan has announced its first branch in Baghdad.

Mr. Shaker Fakhouri, Chairman of the Board, said:

“Our decision to establish a branch in Iraq serves to boost our regional presence and exemplifies the strategy adopted by the Bank; namely expanding its business operations in the region, where markets are witnessing substantial growth and promising opportunities …

“This also reflects our success in implementing the Bank of Jordan vision, which aspires to become a leading institution in the Arab region, while expanding the network of Bank of Jordan branches to include the Iraqi market – considered one of the most prominent markets in the region.“

He also announced that Mr. Jawdat Mahmoud Jawdat had been appointed as a Chief Executive Officer of Bank of Jordan in Iraq, owing to his extensive banking experience and expertise, which spans more than twenty-seven years.

(Source: Bank of Jordan)

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