Corporate Governance

IDB has come a long way since its establishment and we are proud to detail our story

Historical Milestones And Mentionable Achievements Highlight The Journey Of The International Development Bank
IDB signed a MoU with the International Financial Corporation (IFC).
IDB’s Chairman Mr. Ziad Khalaf Abed Kareem became a member of the Union of Arab Banks' board of directors, making him the first Iraqi representative from the private sector.
Common Shares

Over 100 holders of Common Shares now invested in IDB aligned to its listing on national stock exchange
SME Financing Initiatives

IDB participated in SME Financing Initiatives stipulated by the Central Bank of Iraq through financing projects with a total sum exceeding 10 billion Iraqi dinars throughout various provinces in Iraq

Anti-Money Laundering
IDB introduced Anti-Money Laundering & Compliance Departments to ensure greater due diligence within the bank to ensure accuracy and transparency of operations
Issuing and Acquiring License

Commenced the process of attaining an “Issuing and Acquiring” license from Mastercard and Visa, becoming the first Iraqi bank with ability to issue all types - debit, credit and prepaid electronic bank cards..
IDB

IDB was established in 2011 with an initial capital of 100 billion Iraqi Dinars and became a cornerstone of the ZK Holding enterprise