Babylon Bank was established in 1998, with its headquarters located in Baghdad. It is considered one of the prominent private banks in Iraq, offering a variety of banking services to both individuals and businesses, aiming to meet customer needs by providing advanced financial solutions.
Banking Services Provided
Babylon Bank offers a comprehensive range of banking services, which include:
First: Retail Banking Services
- Bank Accounts: Providing current accounts, savings accounts, and term deposit accounts.
- Bank Cards: Issuing credit cards and debit cards to meet various customer needs.
- Personal Loans: Offering a variety of personal loans, including housing loans, with flexible terms.
- Digital Services: Providing an advanced banking app that allows customers to manage their accounts, make local and international transfers, and control their cards, along with services like Western Union transfers and digital loan applications.
Second: Corporate Banking Services
- Corporate Banking: Offering integrated financial solutions for businesses, including account opening, cash management, and project financing.
- Trade Finance: Providing credit facilities, letters of credit, and bank guarantees to support business operations.
Third: Electronic Banking Services
- Electronic Banking Services: Offering an advanced electronic platform that enables customers to manage their accounts, perform transfers, and pay bills online.
- ATMs: A wide network of ATMs spread across various cities to facilitate 24/7 access to banking services.
Branches and Locations
Babylon Bank has a network of branches covering several Iraqi provinces, including:
- Baghdad: Main Branch.
- Basra: Basra Branch.
- Karbala: Karbala Branch.
- Najaf: Najaf Branch.
- Hilla: Hilla Branch.
- Sulaimaniyah: Sulaimaniyah Branch.
- Erbil: Erbil Branch.
- Karkh: Karkh Branch, Baghdad.
The bank also provides services via an integrated network of ATMs across these cities, ensuring 24/7 accessibility to banking services.
Bank’s Commitment
Babylon Bank demonstrates a strong commitment to providing high-quality and advanced banking services, with a focus on innovation and digital transformation to meet customer needs and promote financial inclusion in Iraq. By adopting the latest banking technologies and expanding its branch network, the bank aims to enhance its role in supporting the Iraqi economy and providing reliable and exceptional financial services.
For more information, visit the official bank website: www.bbk.iq