Mosul Bank for Development and Investment is a joint stock company located in Mosul, Iraq. It was established on August 23, 2001, with a paid capital of 1 billion Iraqi dinars. The bank obtained its banking practice license on December 3, 2001, from the Central Bank of Iraq. The objective of Mosul Bank for Development and Investment is to support the national economy in various sectors, including development plans, production processes, direct investment operations, and commercial banking activities. Over the years, the bank has increased its capital multiple times to meet the needs of its customers and enhance its competitiveness in the Iraqi financial market. The capital has been increased from 2 billion dinars in February 2004 to 252.500 billion dinars in January 2015. Please note that this summary strictly follows the given steps and does not include any additional information or comments.
Headquarters
Al Niddal Street - Near The White Palace
Mosul; Nīnawā;
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