The International Development Bank; is one of the leading banks in Iraq by providing several traditional and investment banking services that meet the increasing needs of valued customers, additionally those who willing to take advantage of the investment opportunities which available in the capital markets in accordance with our commitment to the highest international standards of professional practices and a wide network of branches and representative offices available locally and regionally. Meanwhile, the International Development Bank is considered the first Iraqi bank offering a specialized investment services through dedicated department of Private Banking & Wealth Management (PBWM) in local market along with best international practices in industry.

• Treasury Services: the bank provides several treasury services to our valued customers to meet their individual or commercial needs regarding foreign currency exchange or related financial solutions through a network of international correspondents, such as buying and selling foreign currencies at competitive rates to support foreign remittance services or to cover commercial obligations in foreign currencies.

• Investment Banking Services: A distinguished investment banking services that meet the needs of our valued customers and high net worth individuals, institutions and companies interested to take advantage of the investment opportunities available in local and international financial markets by providing comprehensive investment solutions that include a wide range of portfolio management instruments available along with best practices internationally over several asset classes, Such as; foreign currencies (FX), money market (MM) and capital market (CM) solutions. Such as; Non-Discretionary & Discretionary Portfolio Management.

• Custodian Banking Services: A specialized investment banking services tailored to IDB investors; whether from inside or outside Iraq, such as Iraqi (or non-Iraqi) individuals and companies interested to trade and invest in the Iraq Stock Exchange (ISX), where the International Development Bank represents their exposures and Investment operations with the Iraq Stock Exchange (ISX).

Custodian Bank Services provided by International Development Bank (IDB):

1- Contracting with investors to provide safe custody services and to represent them in the Iraqi Stock Exchange (ISX) and concerned parties.

2- Opening registration and trading accounts for investors who are interested in investment in the Iraq Stock Exchange (ISX) and related services, such as; serving periodic account statements and tracking transaction executions.

3- Managing the execution process of investor’s orders in the Iraq Stock Exchange (ISX) and tacking the trading operations such as buying and selling stocks and bonds.

4- Settlement of the related financial obligations between the concerned parties and crediting /debiting them to/on the investor accounts, such as receiving dividends on shares investment.

5- Safe custody of investors’ securities. i.e., shares, bonds and any other investment vehicles available for trading and investment in the Iraq Stock Exchange (ISX)

6- Regular follow up and portfolio tracking by provide investors with data, information, periodic statistics, instant inquiry services, and related investment services.

7- In addition to several investment banking services that contribute to supporting and facilitating the investment operations of concerned customers.

8- Maintaining the confidentiality of information within the highest standards of banking and investment practices.

Our Investors, whether individuals or institutions can also benefit from Custodian Bank Services provided by the International Development Bank within the following segments:

1- Iraqi individuals and institutions residing in Iraq

2- Iraqi individuals and institutions residing outside Iraq

3- Non-Iraqi individuals and institutions residing in Iraq

4- Non-Iraqi individuals and institutions residing outside Iraq

For more information about our services, please call 6660 from inside Iraq or send email to:

invest@idb.iq

*Terms and Conditions apply