|Logo of the National Bank|
Economy News Baghdad:
The National Bank of Jordan, “Capital Bank” The Iraqi National Bank received the first payment of its assets deposited with the Iraqi Central Bank branch in Erbil and Sulaymaniyah, amounting to about 3.2 million dollars.
The bank said in a statement to the Amman Stock Exchange on Wednesday, to the Central Iraqi confirmation of the continuation of the payment per month, giving the Iraqi National Bank a distinct share in the future.
It should be noted that the meeting of the General Assembly of the Jordanian Capital Bank, held on 24 May last, discussed the establishment of a mechanism to pay the bank’s balances deposited with the Iraqi Central Branch there.
Capital Bank owns 61.85% of the shares of the National Bank of Iraq, one of the banks listed on the Jordanian Stock Exchange.
Capital Bank’s profit fell 3.04% to KD 3.64 million in the second quarter of this year compared with Q2 2016 profit of KD 3.76 million