e-IDB
iraq
uae
Bank Profile
Proud to be Iraq’s largest privately owned bank
As the largest privately owned bank and largest banking network in Iraq, the International Development Bank(IDB) was established in 2011 to provide comprehensive financial services to citizens and residents of Iraq, in conjunction with those seeking to invest in the country. Since then, our clients’ trust has enabled us to build a solid reputation locally, regionally and internationally.
Initially, IDB’s shareholders were primarily members of the Khalaf Abed Kareem family, together with a number of Iraqi investors. While the Khalaf Abed Kareem family remains the biggest shareholder (around 68% of total equity), the number of shareholders has grown and the bank was listed on the Iraq Stock Exchange in 2018.
Initially, IDB’s shareholders were primarily members of the Khalaf Abed Kareem family, together with a number of Iraqi investors. While the Khalaf Abed Kareem family remains the biggest shareholder (around 68% of total equity), the number of shareholders has grown and the bank was listed on the Iraq Stock Exchange in 2018.
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Under the leadership of the Chairman of our Board of Directors, Mr. Ziad Khalaf Abed
Our chairman set firm foundations and principles for operations, and this enabled the bank to acquire a significant market share of the total trade finance business, electronic card issuing, as well as a significant proportion of the local banking market.
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Focused on inclusivity and societal progress
We provide innovative banking services for individual customers, financing initiatives for SMEs to drive entrepreneurism and job creation, financial solutions for larger corporates, financial inclusion initiatives to give greater financial access, as well as investment and private banking services, including wealth management. in other words, opportunities for all.
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Adopting the right balance
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Given we are a modern bank, We tailor-make our services to all Industries and provide efficiency by adopting the right balance of nurturing human relationships combined with adopting the latest technologies.
