List of banks in Iraq

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This is a list of banks in Iraq.

Contents

Central bank

State-owned banks

Private banks

International banks

Standard Chartered Bank

See also

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<span class="mw-page-title-main">Economy of Iraq</span>

The economy of Iraq is dominated by the oil sector, which has provided about 99.7% of foreign exchange earnings during its modern history. As of 2021, the oil sector provides about 92% of foreign exchange earnings. Iraq's hitherto agrarian economy underwent rapid development following the 14 July Revolution (1958) which overthrew the Hashemite Iraqi monarchy. It had become the third-largest economy in the Middle East by 1980. This occurred in part because of the Iraqi government's successful industrialization and infrastructure development initiatives in the 1970s, which included irrigation projects, railway and highway construction, and rural electrification.

<span class="mw-page-title-main">Economy of Syria</span>

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<span class="mw-page-title-main">Economy of Iran</span>

Iran is a mixed economy with a large public sector. Some 60% of Iran's economy is centrally planned.. Iran's economy is characterized by its hydrocarbon, agricultural, and service sectors, in addition to manufacturing and financial services, with over 40 industries directly involved in the Tehran Stock Exchange. The stock exchange has been one of the best performing exchanges in the world over the past decade. With 10% of the world's proven oil reserves and 15% of its gas reserves, Iran is considered an "energy superpower".

<span class="mw-page-title-main">United States Agency for International Development</span> United States government civilian foreign aid agency

The United States Agency for International Development (USAID) is an independent agency of the United States government that is primarily responsible for administering civilian foreign aid and development assistance. With a budget of over $50 billion, USAID is one of the largest official aid agencies in the world and accounts for more than half of all U.S. foreign assistance—the highest in the world in absolute dollar terms.

<span class="mw-page-title-main">Central Treaty Organization</span> Cold War military alliance (1955–1979)

The Central Treaty Organization (CENTO), formerly known as the Middle East Treaty Organization (METO) and also known as the Baghdad Pact, was a military alliance of the Cold War. It was formed on 24 February 1955 by Iran, Iraq, Pakistan, Turkey, and the United Kingdom. The alliance was dissolved on 16 March 1979.

<span class="mw-page-title-main">Economic Cooperation Organization</span> Asian political and economic intergovernmental organization

The Economic Cooperation Organization or ECO is an Eurasian political and economic intergovernmental organization that was founded in 1985 in Tehran by the leaders of Iran, Pakistan, and Turkey. It provides a platform to discuss ways to improve development and promote trade and investment opportunities. The ECO is an ad hoc organisation under the United Nations Charter. The objective is to establish a single market for goods and services, much like the European Union. After the dissolution of the Soviet Union, the ECO expanded to include Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan in 1992.

<span class="mw-page-title-main">Export credit agency</span> Intermediary between governments and exporters

An export credit agency or investment insurance agency is a private or quasi-governmental institution that acts as an intermediary between national governments and exporters to issue export insurance solutions and guarantees for financing. The financing can take the form of credits or credit insurance and guarantees or both, depending on the mandate the ECA has been given by its government. ECAs can also offer credit or cover on their own account. This does not differ from normal banking activities. Some agencies are government-sponsored, others private, and others a combination of the two.

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<span class="mw-page-title-main">Economy of the Middle East</span>

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<span class="mw-page-title-main">University of Baghdad</span> University in Iraq

The University of Baghdad (UOB) is a public research university in Baghdad, Iraq. It is the largest university in Iraq and the tenth largest in the Arab world.

<span class="mw-page-title-main">Armenia–United States relations</span> Bilateral relations

The dissolution of the Soviet Union in December 1991 brought an end to the Cold War and created an opportunity for establishing bilateral relations between the United States with Armenia and other post-Soviet states as they began a political and economic transformation. The United States recognized the independence of Armenia on 25 December 1991, and opened an embassy in Armenia's capital Yerevan in February 1992.

<span class="mw-page-title-main">Rafidain Bank</span>

Rafidain Bank is the largest bank in Iraq, with 165 branches inside Iraq and with branches in Cairo, Beirut, Abu Dhabi, Bahrain, Sana'a, Amman and Jabal Amman. Its HQ is in central Baghdad. The bank was established in 1941 and in the 1960s wave of Ba'ath nationalisation became a state-owned bank. In 1988, the Rafidain's non-performing assets were carved out into the Rasheed Bank.

Rasheed Bank is the second largest Iraqi bank, with 162 in Iraq. On January 1, 1989, the Rasheed Bank was spun off from the state-owned Rafidain Bank.

Industrial Bank of Iraq is an industrial bank company headquartered in Baghdad, Iraq. The main area of activity of the bank is giving loans for the industrial sector in Iraq.

Agricultural Cooperative Bank of Iraq is an Iraqi bank based in Baghdad, Iraq. The bank's main area of activity is to give loans for agricultural projects represented by farmers.

Real Estate Bank of Iraq is an Iraqi state-owned bank aimed at facilitating housing projects through giving loans. In 1997, it started to give loans to tourism projects like building hotels. It was established in 1948 in Baghdad and started working in 1949. The bank has several branches in Baghdad and the governorates.

Bank of Iraq is an Iraqi bank, formerly known as Iraqi Socialist Bank. It was founded in 1991 and it is the smallest of the state-owned banks with four branches. Total assets were $8.4 million as of 2003.

References

  1. 1 2 3 The Louis Berger Group, Inc. (November 2011). "USAID-Tijara Provincial Economic Growth Program; Investor Guide of Baghdad". USAID-Tijara Provincial Economic Growth Program; U.S. Agency for International Development (USAID). p. 14.{{cite web}}: Missing or empty |url= (help)