WHY IDB IRAQ
Bank on the move! Since its inception in April 2011, when a group of Iraqi investors established a Private Shareholding Company in the name of "International Development Bank for Investment and Finance". The bank was established with a paid up capital of 100 billion Iraqi Dinars which was further increased to160 billion Iraqi Dinars in June 2012 and to 250 billion Iraqi Dinars in 2014. The investors group's vision revolved around capitalizing on significant demand to provide high class Banking Products and Services all across Iraq. Thus with a strong ambition for growth and technology driven initiatives, International Development Bank foresees itself to be significant brand name to be reckon with in the Iraqi Market.