The client offer includes account services, domestic and international payments and collections, liquidity management and electronic banking solutions, supported by a customer service and streamlined documentation processes.

According to the Citi, this partnership leverages its global cash management platform, as well as Bank of Baghdad’s franchise and extensive branch network.

The partnership also gives Bank of Baghdad access to Citi’s global network across more than 107 countries for cash management solutions and other banking services.

Citi Middle East & Pakistan global transaction services head Steve Donovan said this alliance certainly creates a win-win situation for mutual client base.

Bank of Baghdad executive vice chairman Younes Brouche said Bank of Baghdad looks forward to working with Citi to provide valued clients with bespoke solutions to help them with their operations in Iraq.