Tuesday, September 30, 2008

Western Union in Iraq

Western Union, the leading provider of global money transfer services, has announced that it has signed a new agent in Iraq.

The Investment Bank of Iraq, a leading private financial institution in Iraq, will now offer the complete range of Western Union services across all its 19 branches.

Established in 1993, the Investment Bank of Iraq is a leading private financial services provider in Iraq, with branches in Baghdad, Basra, Karablaa and Najaf.

With the addition of the Investment Bank of Iraq as a cooperation partner, Western Union expands its presence in Iraq to 99 locations.

Mr. Hamza Dawood Halboon, Acting General Manager of Investment Bank of Iraq, said: 'Western Union is one of the most trusted and recognizable global money transfer service provider in the world, and we are very pleased to cooperate with them to extend their patent fast, reliable and convenient service to the expatriate workers living and working in Iraq, as well as to the Iraqi nationals residing in the country.'

Jean-Claude Farah, Western Union Regional Vice President for Middle East, Pakistan and Afghanistan said: 'The Investment Bank of Iraq is a major institution in the country and we are pleased to be associated with them in extending our presence in Iraq. We look forward to a long and fruitful relationship.'

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