Gulf Commercial Bank (GCB) is one of the leading financial institutions in Iraq, aiming to support the banking sector by offering advanced financial solutions and diverse banking services that meet the needs of individuals and businesses, with a commitment to the highest standards of quality, integrity, and innovation.
About the Bank
Founded in 1999 as a private joint-stock company, Gulf Commercial Bank began its banking operations in Iraq on April 1, 2000, after obtaining an official license from the Central Bank of Iraq. The bank’s fully paid capital is 300 billion Iraqi dinars, and its headquarters is located in Baghdad, on Al-Saadoun Street, opposite Al-Alawiya Exchange.
Banking Services Provided
Gulf Commercial Bank offers a comprehensive range of banking services, including:
First: Retail Banking Services
- Account Opening: Providing current accounts, savings accounts, and fixed deposits in Iraqi dinars and foreign currencies.
- Bank Cards: Issuing Visa cards in dinars or dollars, usable both locally and internationally, available 24/7.
- Digital Services: Including online banking, mobile banking apps, and ATMs available at various locations.
- Bud Bud Accounts: Special savings accounts for children, encouraging saving from an early age with flexible terms.
Second: Corporate Banking Services
- Project Financing: Providing financing solutions for small and medium-sized projects across various economic sectors.
- Trade Finance: Offering trade finance services, issuing letters of credit, bank guarantees, and supply chain financing.
- Cash Management: Effective liquidity management solutions, improving cash flow, and tracking financial performance accurately.
Branches and Locations
Gulf Commercial Bank has an extensive branch network covering most Iraqi provinces. Key cities with branches include: Baghdad, Basra, Erbil, Najaf, Karbala, Babylon, Diwaniya, Wasit, and Tikrit. Baghdad is the main hub, with over 20 branches.
The bank also offers its services through a comprehensive ATM network spread across these cities, making banking services available around the clock.
Bank’s Commitment
Gulf Commercial Bank demonstrates a strong commitment to developing the banking sector in Iraq by adopting the latest technologies and expanding its services to reach a wide range of society. The bank is dedicated to providing a safe, flexible, and reliable banking environment that keeps pace with modern developments and meets the needs of customers, whether individuals or businesses.
For more information, visit the official bank website: www.gcb.iq
