The Bank of Baghdad is Iraq’s largest privately-held financial institution. It plays an important role in providing liquidity and credit to Iraqi businesses and consumers, and it also gives foreign businesses access to the country’s marketplace. Recently, several positive reports have highlighted the Bank’s role in lifting the Iraqi economy and Dinar.
The Bank of Baghdad’s key role in the Iraqi economy
Since its founding in 1992, the Bank of Baghdad has grown to become one of the most influential and fastest-growing banks in Iraq.
And, according to Dunia Frontier, a financial consultancy group in Washington D.C., the Iraqi banking industry overall is growing 8% per year. Dunia rated the Bank of Baghdad at the top of its list of banks most helpful to investors.
The Bank is committed to providing high quality financial services to its customers in Iraq and abroad. It currently has 40 branches in Iraq and is a partner in the Kuwait Projects Company (KIPCO), which is a highly influential investor group with members from many financial organizations in the Middle East, the United States, Europe and China.
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