Corporate Governance

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

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

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

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

Launched IDB UAE, officially inaugurated by Governor of CBI

Total Trade Volume amounting to $25Bn

Adopting a digital core to provide more convenient, efficient and personalized banking for clients