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International Development Bank For Investment And Finance (Iraq)

Main Activities: Commercial Banking
Full name: International Development Bank For Investment And Finance Profile Updated: January 06, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

International Development Bank for Investment and Finance, or IDB Iraq, is an Islamic bank, established in April 2011. It operates in all major Iraqi cities via 15 branches and extensive ATM network. IDB is owned by local diversified Al Hashimi Group. The bank offers a diversified portfolio of retail and corporate banking services, investment and treasury services, SME banking, trade finance and credit cards.

Headquarters
Building 124/8, 21 Arasat Avenue, Karada
Baghdad; Baghdād;

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Website: http://www.idb.iq

Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2011
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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Company Performance
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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
43.51%
Operating profit (EBIT)
277.29%
Net Profit (Loss) for the Period
295.7%
Total assets
42.79%
Total equity
16.94%
Total Assets Trend
23.48%
Net Interest Income Trend
-0.04%
Loans to Deposits Ratio
-11.67%
Loans to Asset Ratio
-8.35%

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