The National Bank of Iraq (NBI) is one of the leading banking institutions in Iraq, aiming to provide integrated financial services for individuals and businesses, with a focus on innovation and digital transformation to enhance financial inclusion and meet the diverse needs of customers.
About the Bank
Founded in 1995 as a private joint-stock company, the National Bank of Iraq began offering its banking services in Iraq. In 2005, Jordan’s Capital Bank acquired the majority stake in the bank (61.85%), enabling NBI to enhance its products and services and expand its regional and international presence.
The bank provides services through an extensive branch network across Iraq, as well as a branch in the Kingdom of Saudi Arabia, reflecting its commitment to expanding its services and meeting customer needs in various regions.
Banking Services Provided
The National Bank of Iraq offers a comprehensive range of banking services, including:
First: Retail Banking Services
- Bank Accounts: Providing current accounts, savings accounts, deposit accounts, and certificates of deposit.
- Personal Financing: Offering a variety of personal loans to meet customer needs.
- Bank Cards: Issuing credit cards and debit cards.
- Digital Services: Providing an advanced mobile banking app that allows customers to manage their accounts, make local and international transfers, and control their cards, in addition to services like Western Union transfers and digital loan applications.
Second: Corporate Banking Services
- Bank Accounts: Offering current accounts, savings accounts, and time deposit accounts for businesses.
- Trade Financing: Providing credit facilities, letters of credit, and bank guarantees.
- Electronic Services: Offering advanced electronic banking services to facilitate financial operations for businesses.
Third: Investment Services
- Investment Management: Providing trading services on the Iraq Stock Exchange through Al-Mal Iraqi Brokerage.
- Custody Services: Offering securities custody services for investors, including opening securities accounts and providing regular reports.
Branches and Locations
The National Bank of Iraq has a network of branches covering various Iraqi provinces, in addition to a branch in the Kingdom of Saudi Arabia. The bank is also expanding its network by opening new branches in areas such as Kadhimiyah and Al-Jumaila in Baghdad, as well as a technologically advanced branch in Basra.
Bank’s Commitment
The National Bank of Iraq 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 enhance financial inclusion in Iraq. By adopting the latest banking technologies and expanding its branch network, the bank aims to strengthen its role in supporting the Iraqi economy and providing reliable and exceptional financial services.
For more information, visit the official bank website: www.nbi.iq
