Positioning for peace

Martin, Matthew
May 2007
MEED: Middle East Economic Digest;5/25/2007, Vol. 51 Issue 21, p41
The article reports on the interest of international banks to establish a presence in Iraq. Most of the large international banks operate in the country through a JP Morgan-led consortium that controls the Trade Bank of Iraq. Standard Chartered Bank, National Bank of Kuwait, Credit Agricole's investment banking arm Calyon and a number of other banks are all involved. Several Lebanese banks have also approached the Kurdistan Development Corp. about obtaining licences to operate in the country.


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