English | العربية

Iraqi Research Foundation for Analysis and Development

The Pulse of Iraq - Iraq Business, Research & More

  • Home
  • About IRFAD
    • Who We Are
    • Our Services
    • Our Clients
  • About Iraq
    • Overview of Iraq
    • Iraq Media
    • Iraq Business
    • Iraq Civil Society
    • Iraq Government
  • Travel to Iraq
    • How To
    • Visuals
  • Iraq Now
  • Contact

Iraq Banks & Financial Systems

The following is a list of Iraqi Banks in Baghdad and outlying provinces. As of Dec. 2013, there are 64 banks in Iraq. There are several types of Iraqi banks:

1. State or Federal Banks, run by the Central Iraqi Government – 7 branches/ banks
2. Private Banks, run by private Iraqi citizens – 23 banks
3. Foreign Banks, run by various foreign entities (currently Lebanese, Turkish & Iranian) – 16 banks
4. Islamic Banks (Private), which adhere to financial Sharia law practices – 9 banks

The Central Bank of Iraq answers to the Council of Ministers of Iraq. The Iraq Constitution states that the Federal government of Iraq has exclusive authority to establish and administer the central bank.

Iraq’s currency is the Iraqi Dinar (IQD). In 2014 it has an average conversion rate of $1160 US to 1 IQD. Read more about the Iraq Banking sector here.

List of Banks

Agricultural Cooperation Bank – State Bank
Al-Sinak, facing Al-Atesalat
Tel: +964 1 8189081
Tel: +964 1 8189084

Iraq Bank – State Bank
14 Ramadan Street, facing Mosque Saadia
Al-Aumare – Baghdad/Al-Mansour
Tel: +19143604287

Rafidain Bank Baghdad  – State Bank
Al-Rashid Street
Tel: +964 1 8160068
Tel: +964 1 8160166

Rasheed Bank Baghdad – State Bank
Al-Rasheed Street
Tel: +964 1 8853411
Tel: +964 1 8845287
Fax:+964 1 8826201

Real Estate Bank Baghdad/Karada – State Bank
Replaced-905  Alley-5 / Building 1

Trade Bank of Iraq Baghdad – State Bank
608 Al-Yarmouk District
Street 1/Building 20
Tel: +964 1 5433561/2/3
Fax: +964 1 5433560

Industrial Bank – State Bank
Baghdad
Al-Sinak
Al-Kolani Square

Baghdad Bank Baghdad/Karada outside – Private Bank
Near Al-Masrah
Al-Watane
P.O. Box 3192
Tel:+964 717 5007
Tel:+96479 03373008
Fax:+964 717 5006

Commercial Bank of Iraq Baghdad – Private Bank
Neighborhood Alwihda
Replaced-904
Street-14 /Alley-13

Iraqi Middle East Bank for Investment Baghdad – Private Bank
Arasat Al-Hindyia
Replaced- 929
Street -30
Building- 65
Mob:+9647708860864
Tel:+964 1 7173743

Investment Bank of Iraq Baghdad – Private Bank
Neighborhood Al-Wihda
Near odp Al-Alwea
Replaced- 902 /Alley- 2
Building- 27
Tel: +964 1 7192094

United Bank for Investment Baghdad – Private Bank
Al-Wathiq square
Neighborhood Al-Wihda
Replaced- 906 /Alley-14
Building-69
Tel: +964 1 7171391
Tel: +964 1 7170824

Dar Al-Salam Investment Bank Al-Sadoon Park – Private Bank
Street Al-Nedhal
Section 103, Str. 41
Building 3
PO Box 3067
Elawiya, Baghdad
Tel:+964 1 7196488
Mob:+9647901241171

Mosul Bank for Development & Investment Mosul – Private Bank
Left Coast / Center Road
P.O. Box 1299
Tel: +964 6081 3090
Fax: +964 6081 5411

Babylon Bank Baghdad – Private Bank
Sadoun District / Against the Ministry of Agriculture
Replaced-101 / Alley-91 / Building -22
Tel: +964 1 7185150

Basrah International Bank for Investment Baghdad – Private Bank
Jamiela

National Bank of Iraq Baghdad – Private Bank
Sadoun Street
Near Firdous Square
Nearby Filling Station
Tel: +964 1 7177735

Credit Bank of Iraq Baghdad /AL-Sadoun – Private Bank
Building Al-Alwea / Near Firdous Square
Tel: +964 1 718 2198
Fax: +964 1 717 0156

Economy Bank for Investment & Finance Baghdad /Mansour – Private Bank
Intersection of 14 Ramadan
Hay Al-Andalus / Replaced-617
House-180 /Street-17
Tel: +964 1 5427329
Mob:+9647901444404

Sumer Commercial Bank Baghdad – Private Bank
Khaled Bin Al Waleed Street / Neighborhood of Babylon
Replaced-908/ Alley-16 / Building 13
P.O Box 3876
Al-Alwiya
Tel: +964 1 719 6472
Mob:+9647805886316

Gulf Commercial Bank Baghdad – Private Bank
Karada outside
Tel: +964 1 7760107
Tel: +964 1 7760170

Warka Bank for Investment & Finance Baghdad – Private Bank
Neighborhood Alouhda
Replaced-902/ Alley-14

North Bank for Finance & Investment Baghdad/ Al Alwea – Private Bank
Square Al Fatih / Street-99
Building-51 / POB 3377 Alawite
Tel: +964 1 7178425

Union Bank of Iraq (formerly Union Bank of Industrial Investment) Baghdad – Private Bank
Sadoun District
Replaced-101/ Alley-91
Building-24

Ashur International Bank for Investment Baghdad
Square Near Uqba Bin Nafia
P.O.Box 3636
Tel: +964 7187492
Fax:+964 7193479

Mansour Bank for Investment Baghdad – Private Bank
Neighborhood Alouhda
Salman Faaiq Street
Replaced-904/ Alley-14
Building-14

Trans Iraq Bank Baghdad – Private Bank
Neighborhood Alouhda
Salman Faaiq Street
Replaced-902/ Alley-14
Building-1/38

Emerald Bank Erbil – Private Bank
Sheikh Cholee Street
Tel: +964 66 2227557

Bank of Huda Baghdad – Private Bank
Al-Karada
Neighborhood Alouhda
Replaced-902/ Alley-12
Building-14 

Erbil Bank For Investment & Finance Erbil – Private Bank
Main Street Housing
Opposite Rhain Mall
Tel: +964 662235490
Tel: +964 662235489 

Iraqi Islamic Bank for Investment & Development Baghdad
– Islamic Bank
Mansour District

Elaf Islamic Bank (formerly: Barakaat Bank for Investment & funding) Baghdad – Islamic Bank
Neighborhood Alouhda
Replaced-902/ Alley-99
Building-14
Tel:+964 1 7173201

Kurdistan International Bank for Investment & Development Erbil – Islamic Bank
Abdul salam Al-Barzani Street / Building 70
Tel: +964 66 2230822
Fax: +964 66 2531369

Baghdad Branch – Islamic Bank
Neighborhood Alouhda
Wathiq Square
Replaced-902 Street4/Building-66
Tel:+964 1 7178741
Fax: +9641 7197885

National Islamic Bank Baghdad – Islamic Bank
Arasat street
Tel: +964 1 7185107
Fax: +964 1 7182043 

Dijlah &Furat Bank for Development & Investment Baghdad – Islamic Bank
Salman Faaiq Street
Replaced-904/ Alley-194
Building-3 

Regional Cooperation of the Islamic Bank for Development & Investment Baghdad – Islamic Bank
Arsat lndian
Replaced-929/ Street-17
Building 59 

Bank Al-Bilad Islamic for Investment & Finance Baghdad – Islamic Bank
Karada Al-Sharqiya
Near Al-Hurea Square
Tel: +964 1 7780283
Fax: +964 1 7784365 

Cihan Bank for Islamic Investment & Finance Erbil – Islamic Bank
Tel: +964 66 2262816
Fax:+964 66 2262819 

International Development Bank for Investment & Islamic Finance Baghdad Al-Karrada – Islamic Bank
925/25/79
Mob:+964 7712080331
Tel:+964 77643 49-50
Fax:+964 7789645 

Abu Dhabi Islamic Bank Baghdad/ Arsat lndian
Main Street
Replaced-929
Street-30/Building-20

Al-Baraka Turkatilim Bankasi A.S. Erbil 
– Islamic Bank

Foreign Banks

Arab Banking Corporation (b.s.c)
(Iraq Branch) Baghdad
Sadoun Street
Square Alferdos
Tel: +964 1 7173774

Ziraat Bank Asi A.S
(Baghdad Branch) Baghdad
Waziriya
Replaced-301/ Alley-5 House-19
Tel: +964 7904181390 

Bank Melli Iran
(Iraq Branch) Baghdad/ Arsat
Replaced-929/ Alley-27
House-111
Tel: +964 1 7171722
Tel: +964 1 7171723

Lebanon’s Byblos Bank
(Iraq Branch) Erbil
Street 60
Near Sport Stadium
P.O.Box 34-0383
Tel: +964 66 2233457

Byblos – Baghdad KaradahBranch
Faek Selman Str.
PO Box: Byblos Bank
Mob:+9647706527807 

Intercontinental Bank
of Lebanon Erbil
House Building Engineering
Road Ainkawa

Bank of Beirut & the Arab Countries Erbil
Street 60
The End of The Tunnel Junction Housing
Tel: +964 66 2574300 


Erbil 

Vakif Bank Erbil
Intersection Coughlan
Under the Turkish Consulate 

Financial Institutions

Iraqi Company for Bank Guarantees Baghdad
Tel: +9647902 304007 

Iraqi Association of Securities Dealers Baghdad
Al-Karada 905
Street 9
Building 18
Tel: +9647904 302828

Iraq Stock Exchange Baghdad
Tel: +964 1 7174484
Fax: +964 1 7174461 

International Smart Card
(Semi Government) LLC Baghdad
Jadiriya
P.O. Jadiriya Box 2244
Tel (short no.): 200

Financial Companies

Al-Nibal AlArabya for Money Transfer Baghdad
Neighborhood of Babylon
Arsat indian
Replaced-929
Alley-25
House-16 /Building 65 

Mouta Company for Remittances Baghdad
Wathiq Square
Opposite Restaurant Crispy

United Company for Financial Baghdad
14 Ramadan Street
Building-43 

Al-Teeb Baghdad
Harthiya

Al-Motaman Baghdad
Harthiya
Behind the Hospital Jibjee Replaced-212
Alley-25 House-1/46

Al-Ameen Hila
Department of Agriculture Near Babylon
Against the State Department of Real Estate
Street-140 

Belad Al-Shaam Baghdad
Kazemih /street akad
Building the military

Al-Taif Money Transfer Co. Baghdad
Karada inside
Square Near the Kahramana
Al-Taif Building 

Nobles Convertible Financial
Baghdad
Harthiya

Al-Noor Baghdad /Arsat
A Nearby Bank of the Middle East 

United Company for Financial Baghdad /Mansour
14 Ramadan Street 

The Banks of the Tigris & Euphrates Baghdad
Street El-Kifah
Near the Cinema Paradise

Ataa Al-Kawthar Baghdad
New Baghdad

Al-Asswar Co. for Money Transfer
Baghdad /Shorja
Market Maadheed 

Al-Muhej for Money Transfer Baghdad
Wathiq Square 

Al-Hareer Co. for Money Transfer Najaf
Street Neighborhood Socialist
Restaurant Near Rowan

Al-Rajah for Money Erbil
Street Bakhtiar
Near the Intersection of Ainkawa

Immortal River Corporation
Baghdad /Harthiya
Exhibition Road 

Ataa Garri Co. for money transfer Baghdad /ShorjaJenoob Baghdad
Sadoun Street
Against the Victory Square 

Aebr Al-Kaarat Baghdad /Karrada
Arsat Indian 

Al-Rabita Almalia Samawah


Baghdad /Karada
Inside Square near the Kahramana 

Al-Waeel Money Baghdad /Karrada
Arsat Indian 

Al-Shariq Baghdad /Waziriya
Replaced-309
Alley-13
House-2 

Iraqna Money Transfer JSC Baghdad
Arsat indian
Replaced- 929
Building- 14 

Al-Harith Arabic Co. for remittances
New baghdad
Main Street

Al-Bayinah Exchange Co. for Money
Baghdad / Karada Outside

Al-Lulu Money Transfer Erbil /Street Sheikh Jolie
Near Emerald Bank

Al-Maraj Al-Alamiya Co. for Money Transfer Baghdad
End Attar Street of Karrada on the Outside
Near the Company Daistar

Financial Investment Companies

Al-khair Financial Investment Company PLC Karrada
Indian Street Arsat
Replaced-939
Alley-27/Street-30
Adjacent to Iraqna Telecom

Al-Wiaam Financial Investment Co.
Street Al-Nidhal
Building: The White Palace

Al-Zawraa Financial Investment PLC Baghdad
Jadiriyah
Building Bordeaux
Replaced-911
Street-24/Building-40

Alebattk Baghdad
Sadoun District
Building the Bank of Babylon
Near the Ministry of Agriculture 65 

Alameen Baghdad
Bank of Baghdad Building

Mesopotamia Investment Company Baghdad
Arsat Indian
Building 132
Alley-30/Replaced-929 

Alkema Baghdad
Street Al-Nidhal
Building the White Palace

Alkaima Baghdad
Sadoun Street
Club Near the Upper

Alayam Baghdad
Street Al-Nidhal
Building the White Palace

Alaumor Baghdad /Mansour
Replaced-609
Alley-27/House-10

Stock Exchange of Iraq

Iraq Stock Exchange 
Baghdad
Tel: +964 1 7174484
Fax: +964 1 7174461

Click here to visit the Central Bank of Iraq’s Website: http://www.cbi.iq/

Book Launch

Connect

  • Email
  • Facebook
  • LinkedIn
  • Twitter

Contact IRFAD

info@irfad.org

Search

© Copyright 2014 IRFAD · All Rights Reserved · View our Privacy Policy ·

  • English