Cabinet approves Trade Bank of Iraq law

BAGHDAD / IraqiNews.com: The Iraqi council of ministers on Monday approved during its fifth session the law on the Trade Bank of Iraq, said an official spokesperson for the Iraqi government. “This step comes in light of the increase in economic and banking activities,” Ali al-Dabbagh said in a release that was received by IraqiNews.com news agency. “The bill aims at developing and improving banking services inside and outside the financial and banking policies,” it added. MH (P) / SS 1