The 5 Best Banks in Iraq – Economy Now

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The banking industry in Iraq has grown significantly in recent years as banking services have expanded and modernized to meet the needs of individuals and…companyStrong and reliable banks are an important factor in supporting the economy and promoting the economic development of the country. They provide various services such as industrial and real estate financing, personal loans and Islamic banking services, which help achieve financial stability. Develop the direction of modern banking to meet customer needs and provide innovative financial solutions that support the sustainable development of the country.

Top 5 Banks in Iraq:

Rafidan Bank

Al-Rafidain Bank is considered one of the oldest and most important banks in Iraq, as it was established in 1941 as the first commercial bank in Iraq, has an extensive network of branches inside and outside Iraq, and provides a wide range of services. The bank relies on modern banking technology to provide comprehensive banking services such as current accounts, savings accounts, personal loans and credit facilities and plays an important role in supporting small and medium-sized enterprises through the provision of services. to develop its services and is proud of its long history and the trust of its customers.

industrial bank of iraq

The Industrial Bank of Iraq was established to support the development of Iraq’s industrial economy and aims to strengthen the various industrial sectors by providing loans and financial facilities to merchants and industrial companies, as well as providing long-term and medium-term loans allocated to industrial projects. Advises merchants on development projects and is renowned for its contribution to the financing of large-scale projects in sectors such as energy, manufacturing and agriculture, making it a key partner to the Iraqi government.

Al Rashid Bank

Established in 1988, Al-Rasheed Bank is one of the leading government banks in Iraq. The bank is known for providing a variety of banking services, including opening various types of accounts, real estate and personal loan services, and financing services. Deutsche Bank is committed to strengthening its role in the Iraqi economy by providing financing for both large and small projects, and is committed to improving its services through the use of modern technology in the banking sector. For companies, banks are important partners.

iraq real estate bank

The Iraqi Real Estate Bank is considered one of the banks specialized in the field of real estate financing as it plays an important role in providing housing and real estate loans to citizens. Provides convenient financing for building real estate projects. First choice.

iraq islamic bank

The Islamic Bank of Iraq is one of the banks that relies on Islamic banking principles as it provides Shariah-compliant banking services, including current deposit accounts, savings accounts, interest-free loans, and financing programs under Murabaha and Musharaka contracts. To cater to customers who prefer Islamic banking transactions, it is committed to providing Shariah-compliant financing services.

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