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Bank Of Baghdad Private Shareholding Company (Iraq)

Main Activities: Commercial Banking
Full name: Bank Of Baghdad Private Shareholding Company Profile Updated: March 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Bank of Baghdad Private Shareholding Company, located in Baghdad, is one of the largest private commercial banks in Iraq with 36 branches. The bank aims to integrate technology into customer service and has emerged as a trusted provider of high-quality financial services in the region. For corporate customers, the bank offers commercial and international services to small and medium enterprises, including commercial real estate and construction loans, credit services, letters of credit, and trade finance. Individual customers can access a full range of savings accounts, housing loans, personal loans, and auto loans. The bank is a member of the Kuwait Projects Company (Holding) and has a presence in the Middle East and North Africa. It is part of a group of seven partner banks and offers financial and banking services, including letters of credit and trade finance. The bank has evolved from a local to an international bank and continues to grow despite global financial market turmoil and local economic instability. It actively participates in the reconstruction of Iraq by developing the oil and non-oil sectors, building infrastructure, and financing construction. The bank utilizes information technology and comprehensive automation to compete with foreign banks in Iraq, offering ATM machines and online banking services. It provides international banking solutions to both individual and corporate customers, focusing on customized banking and credit services. The bank attributes its success to its extensive experience in the banking sector, leading capabilities, and financial soundness, which create added value for investors, customers, employees, and the community.

Headquarters
Al-Karadh Street / Near National Theatre, P.O Box 3192 Alwiya
Baghdad; Baghdād;

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Website: http://www.bankofbaghdad.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1992
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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51.79%
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0.66%
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0.002%
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Subsidiaries
Baghdad Securities Company Limited
100%
Al Amin Insurance Company
49%
Company Performance
Financial values in the chart are available after Bank Of Baghdad Private Shareholding Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IQD. Absolute financial data is included in the purchased report.
Net interest income
21.74%
Operating profit (EBIT)
185.05%
Net Profit (Loss) for the Period
193.07%
Total assets
59.41%
Total equity
35.49%
Total Assets Trend
47.44%
Net Interest Income Trend
-134.33%
Loans to Deposits Ratio
-6.14%
Loans to Asset Ratio
-4.56%

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