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Our Objectives   Our Bank
 

   The bank’s administration  has identified its main objectives, which are achieved by encouraging public-savings and investing these savings in the areas of economic development, to contribute actively and distinguishably  in achieving the economic prosperity of the country by  granting monetary and promissory credits and other various banking activities. This policy has led to a growth in the volume of transactions and thus increased profitability to be for the interest of shareholders. The bank also seeks to implement highly efficient and effective special control procedures in order to reduce credit risks, by demanding the client to provide adequate guarantees and verifications of financial capacity and efficiency before granting credits.

 

 

    The bank is founded according to the license no.5ROC 7057-01, issued by Companies Registry Office as a private shareholding company in 6-11-2007 with a capital worth of 50 billion Dinar paid up as 25 billion. The approval of the CBI has come according to his letter no. 9-3-136 in 14-1-2008 to grant the banking license, the bank has assumed its activities in 17-2-2008.

Rounded Rectangle: our participation in Iraq international Fair

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22/12/2008