Ashur Bank Empowers Bilateral Trade at Iraqi-Saudi Business Council Forum

The Iraq-Saudi Business Council Forum witnessed a dynamic collaboration with Ashur Bank as a prominent sponsor, held in Baghdad on August 17, 2023. In partnership with the Saudi Export Development Authority and the Saudi Export-Import Bank, the event aimed to bolster bilateral trade ties between Iraq and SaudiArabia .

Ashur Bank's notable participation featured the Managing Director, department managers, and a contingent of its valued commercial customers. The forum underscored the commitment of Ashur Bank to support Iraqi traders by enhancing trade facilitation. Discussions were held to establish a strategic cooperation agreement between Ashur Bank and the Saudi Export-Import Bank, paving the way for seamless foreign trade.

Addressing the gathering, Managing Director Ziyad Fatayer emphasized the bank's dedication to advancing the Iraqi banking sector. The event also tackled logistical intricacies of trade transportation to ensure a frictionless exchange of goods.

The one-day forum provided a platform for engagement among key players, including various Iraqi banks and traders, fostering greater collaboration in the realm of international commerce .