Eversheds has taken a central role for Citibank on its move to become the first US bank to expand into Iraq. Citibank opened a base in Baghdad at the end of June after being granted approval by the Central Bank of Iraq, and now plans to open further offices in Erbil and Basra. An Eversheds team led by Iraq managing partner Tawfiq Tabbaa advised Citibank on all aspects of project, while the Central Bank of Iraq used in-house counsel.
July 25, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Eversheds has taken a central role for Citibank on its move to become the first US bank to expand into Iraq.
Citibank opened a base in Baghdad at the end of June after being granted approval by the Central Bank of Iraq, and now plans to open further offices in Erbil and Basra.
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