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Investment Bank Of Iraq Private Shareholding Company (Iraq)

Main Activities: Commercial Banking
Full name: Investment Bank Of Iraq Private Shareholding Company Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Investment Bank of Iraq Private Shareholding Company, located in Baghdad, was established on July 13, 1993, with a capital of 100 million Dinars. It received its license from the Central Bank of Iraq on September 28, 1993, to operate as a banking corporation. The bank started its operations on September 29, 1993, with its Main Branch and has since expanded to have 16 branches in Baghdad and other Governorates. It also has specific offices for selling and buying stocks and shares, as well as foreign currencies. Over the years, the bank's capital has increased to 250 billion Iraqi Dinars. Its main focus is on supporting the national economy by mobilizing national savings and investing them in projects that benefit Iraq and its shareholders. The bank aims to provide recognized services using modern banking methods and cater to a large number of customers and businessmen across the country. The Investment Bank of Iraq has a strong and unwavering policy that prioritizes the development of society and the national economy. It strives to be the leading bank in offering the best services to its customers, which is the source of its strength. The bank has achieved success through teamwork, patience, trust, and honesty, and it continues to have unfinished targets and a firm wise policy.

Headquarters
Hai Al Wahda, Mahallat (902), Alley (2), Building 27, Near Al-Alwiah Private Hospital, P.O Box 3724 Elwiya
Baghdad; Baghdād; Postal Code: 3724

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Website: http://www.ibi-bankiraq.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1993
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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5%
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5%
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5%
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5%
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5%
Company Performance
Financial values in the chart are available after Investment Bank Of Iraq 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
76.81%
Operating profit (EBIT)
337.99%
Net Profit (Loss) for the Period
339.76%
Total assets
27.37%
Total equity
11.48%
Total Assets Trend
11.81%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-29.15%
Loans to Asset Ratio
-8.09%

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