Economics
Turkish Albaraka Bank Opens Branch in Erbil
The Turkish bank Albaraka has opened its first branch in Erbil, the capital of Kurdistan Region, the latest move in a series of ventures by Turkish banks to enter the Kurdish market. Despite severe crises between Turkey and Iraqi Kurdistan in the past, relations between the two have improved dramatically in recent years. Turkey now has a consulate in the Kurdistan Region and its businesses have dominated the region’s market. (Iraq Directory)
Source: http://www.iraqdirectory.com/DisplayNews.aspx?id=19291
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