Babylon Bank (
ISX
The Iraq Stock Exchange (ISX), formerly the Baghdad Stock Exchange, is a stock exchange in Baghdad, Iraq. It was established by the Coalition Provisional Authority (CPA) Order No. 74 as a ''sui generis'' independent non-profit organization on Apr ...
: BBAY) is a
commercial bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit.
It can also refer to a bank, or a division of a large bank, which deals with cor ...
in
Iraq
Iraq,; ku, عێراق, translit=Êraq officially the Republic of Iraq, '; ku, کۆماری عێراق, translit=Komarî Êraq is a country in Western Asia. It is bordered by Turkey to Iraq–Turkey border, the north, Iran to Iran–Iraq ...
. It was established in 1998.
The bank has 12 branches in
Baghdad
Baghdad (; ar, بَغْدَاد , ) is the capital of Iraq and the second-largest city in the Arab world after Cairo. It is located on the Tigris near the ruins of the ancient city of Babylon and the Sassanid Persian capital of Ctesiphon ...
,
Mosul
Mosul ( ar, الموصل, al-Mawṣil, ku, مووسڵ, translit=Mûsil, Turkish: ''Musul'', syr, ܡܘܨܠ, Māwṣil) is a major city in northern Iraq, serving as the capital of Nineveh Governorate. The city is considered the second large ...
,
Najaf,
Karbala
Karbala or Kerbala ( ar, كَرْبَلَاء, Karbalāʾ , , also ;) is a city in central Iraq, located about southwest of Baghdad, and a few miles east of Lake Milh, also known as Razzaza Lake. Karbala is the capital of Karbala Governorat ...
and
Nasiriyah
Nasiriyah ( ar, ٱلنَّاصِرِيَّة; United States Board on Geographic Names, BGN: ''An Nāşirīyah''; also spelled ''Nassiriya'' or ''Nasiriya'') is a city in Iraq. It is on the lower Euphrates River, Euphrates, about south-southeas ...
.
See also
*
Economy of Iraq
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 econom ...
*
Central Bank of Iraq
The Central Bank of Iraq (CBI) ( ar, البنك المركزي العراقي) is the central bank of Iraq. It was established in 1947, the same year in which the British occupation of Iraq was ended. CBI's primary objectives are to ensure domestic ...
References
{{reflist
External links
Official Website
Companies based in Baghdad
Banks of Iraq
Banks established in 1998
Iraqi companies established in 1998