Iraqi Credit Bank

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About the Bank

Iraqi Credit Bank is one of the prominent banking institutions in Iraq, offering a comprehensive range of financial services that comply with Islamic Sharia law. The bank focuses on innovation and digital transformation to meet customer needs and enhance financial inclusion in the country.

The bank was established in 1998 by prominent Iraqi commercial families with an initial capital of 250 billion Iraqi Dinars. In 2004, the bank’s shares were listed on the Iraq Stock Exchange. In 2005, the National Bank of Kuwait acquired 84.3% of the bank’s shares, contributing to capital enhancement and expanding business activities, making it one of the leading private banks in Iraq.

Banking Services Provided

The Iraqi Credit Bank offers a wide range of banking services, which include:

First: Retail Banking Services

  • Account Opening: Providing current accounts, savings accounts, and term deposit accounts.
  • Bank Cards: Issuing ATM cards to meet various customer needs.
  • Digital Services: Providing an advanced banking app to manage accounts, make transfers, and pay bills online.

Second: Corporate Banking Services

  • Corporate Banking: Offering integrated financial solutions for businesses, including account opening, cash management, and project financing.
  • Commercial Financing: Providing credit facilities, letters of credit, and bank guarantees to support business operations.

Third: Electronic Banking Services

  • Online Banking Services: Offering an advanced electronic platform for managing accounts, making transfers, and paying bills online.
  • ATM Network: A wide network of ATMs across various cities for round-the-clock access to banking services.

Branches and Locations

The Iraqi Credit Bank operates branches in several provinces, including:

  • Baghdad: Main Branch.
  • Basra: Basra Branch.
  • Erbil: Erbil Branch.

The bank also provides services through a comprehensive network of ATMs in these cities, ensuring 24/7 access to banking services.

Bank’s Commitment

The Iraqi Credit Bank demonstrates a strong commitment to providing high-quality banking services that comply with Islamic Sharia law, with a focus on innovation and meeting customer needs in Iraq. By expanding its branch network and offering advanced digital solutions, the bank aims to enhance its role in supporting the Iraqi economy and providing reliable and distinguished financial services.

For more information, visit the official bank website: www.creditbankofiraq.com.iq

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