The Bank of Baghdad (
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 ...
: BBOB) is one of the largest
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 ...
s 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 1992.
Bank of Baghdad is a member of
KIPCO
Kuwait Projects Company (Holding), known as KIPCO, is an investment holding company in the Middle East and North Africa (MENA) region, with consolidated assets of US$34.2 billion as of 31 December 2018. The group has significant ownership interest ...
group and enjoys international banking partnerships throughout the Middle East, North Africa, and further afield to Europe, United States of America, United Kingdom, and China which allows us to provide better regional banking services through sister banks in Kuwait, Bahrain, Jordan, Syria, Algeria and Tunis. Other financial services in the network for Investment and Asset Management are; United Gulf Bank Securities Company (UGBS), Bahrain, United Gulf Financial Services (UGFS), Qatar, KAMCO, Kuwait, Al Dhiyafa, Kuwait, Royal Capital, Abu Dhabi, UAE, North Africa Holding Company, Kuwait, and Manafae Investment Company, Kuwait.
Commercial banking activities including deposits and loans; Financing activities including trade, industrial, agricultural and housing loans; investment services including real estate investment portfolios and security trading; life and non-life insurance services.
The Bank of Baghdad opened its first branch in
Beirut
Beirut, french: Beyrouth is the capital and largest city of Lebanon. , Greater Beirut has a population of 2.5 million, which makes it the third-largest city in the Levant region. The city is situated on a peninsula at the midpoint o ...
,
Lebanon
Lebanon ( , ar, لُبْنَان, translit=lubnān, ), officially the Republic of Lebanon () or the Lebanese Republic, is a country in Western Asia. It is located between Syria to the north and east and Israel to the south, while Cyprus li ...
.
[http://www.ameinfo.com/251639.html Bank of Baghdad opens branch in Lebanon]
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 WebsiteOfficial Iraq Stock Exchange homepageIraqiXchange - Iraqi Market Research
Companies based in Baghdad
Banks of Iraq
1992 establishments in Iraq
Banks established in 1992
Iraqi companies established in 1992
Companies listed on the Iraq Stock Exchange