ISX launches the guarantor bank service

Economy

10-09-2022, 11:51

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Baghdad-INA

The Iraq Stock Exchange-ISX launched a modern technical service represented by the guarantor bank, as part of its development plans.

“ISX continues to provide services and any new development plans such as the guarantor bank service during the year 2022”, said The Executive Director of ISX, Taha Ahmed Abd al-Salam, in a statement to the Iraqi News Agency (INA).

Abd al-Salam also referred to the launch of the online trading service - for investors, as well as continuing the developing laws and rules in accordance with international standards, in addition to encouraging the private sector to establish new joint stock companies in various economic sectors and attracting national and foreign capital. stressing ISX keenness to follow up the activity of the joint stock companies by the sectoral authorities, evaluate their implemented plans and support them with technical, legal and procedural means to achieve profits, and distribute profits to shareholders.