To all of the nay sayers: If Iraq has no intention on on re-valuating
their currency, then why in the world would Citigroup be opening up a bank in
Baghdad of all places in the world?
Citigroup Inc. is looking to set up shop in Iraq.
The third-largest U.S. bank said Monday it had obtained permission
from Iraq’s central bank to open a representative office in Baghdad,
positioning it to become the first American lender in the war-torn country.
The office will support Citi’s corporate customers in Iraq, as
well as facilitate communication for companies that want to start doing
business there.
If successful, the office could pave the way for Citi to open bank
branches in the cities of Basra and Erbil. Citi already has an Iraqi desk in
nearby Jordan.
Read more: http://www.nydailynews.com/news/world/citi-opening-iraq-branch-article-1.1381406#ixzz2Xp88OhfX
3 comments:
Means nothing.
Does it mean anything special if McDonalds opens locations in Iraq ?
This Citi Bank in Iraq may be a trick of the mind.
Not all Citi banks are really Citi banks as many of them are franchises.
HSBC will do the same thing by franchising their name for a fee. Ken
People are so desperate to make this dinar happend, they have little regards for all of the liberties we have been steadely loosing, all they can think is dinar, dinar, dinar, Oh! is just because they want to help people, yeah, right, the first thing they are going to do is run to Best Buy, it is really sad and phatetic, they see the dinar happening because their dog fart twice, and true to be told The Dinar is not, and was never intented to be the first thing on the list. Many things are going to happened before they get to the dinar.
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