On the other hand, the Bank of Beirut also allows Iraqi banks to expand relations by interacting with the Bank of Beirut (UK) London branch.
The Bank of Beirut is ranked sixth among the largest Lebanese banks with high assets offset by the high capital that allow board of directors to move freely in various world markets, particularly in financing of foreign trade.
The bank's board of directors has decided to allocate credit limits sufficient to meet demand in promising Iraqi market.
The Bank provides its services through (41) branches on the Lebanese territories, and through the Bank of London, international unit of banking in Cyprus and representation offices in both United Arab Emirates and Nigeria.
The bank's board of directors has chosen banking expert Abdel Aziz Hasoon to be the head of representation office in Iraq.(Source)AlSabah