Our strategically placed offices across the world, gives us extensive global reach.
Read all about our performance this past year
NBK was one of the original three banks to be granted a license to operate in Iraq and later in 2005 the first bank to successfully complete the purchase of an Iraqi bank, (Credit Bank of Iraq ‘CBI’). CBI was originally set up in 1998 by traditional Iraqi merchant families with a paid up capital of ID200 million before the bank was listed on the stock exchange in 2004. In 2005, when NBK acquired its 75% stake in CBI, it also increased the bank’s capital. NBK helped develop CBI and advance it to be one of the top private banks in Iraq
Today, CBI offers a range of services for retail customers, as well as transfer and trade finance services for local and international companies and contractors. CBI’s branch network includes ten branches in Baghdad, one in Basra and one in Hellah in addition to a business center in the MTC Iraq/Atheer premise in Mansour. As communications and security continue to improve, CBI is working to widen its product offering and increase its reach.
Best Bank in The Middle East Award