The International Development Bank (IDB); is one of the leading banks in Iraq by providing several private banking services, that meet the increasing needs of valued customers, additionally those willing to take an advantage of the market opportunities available in local capital markets across a wide network of branches and correspondents internationally. Meanwhile, the International Development Bank is the first local bank that offering a distinguished investment banking services in Iraq through a dedicated team of Private Banking & Wealth Management (PBWM) committed to highest standards of professional practices worldwide.

Custodian 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

Risk Disclaimer: trading and investment in capital markets carry a high level of risk and price fluctuations may expose investors to lose his investment capital, content is not financial advice or recommendations to invest by any mean.

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