Trade Bank of Iraq (TBI)

Overview

Trade Bank of Iraq (TBI) is Iraqi state-owned commercial + trade finance bank + Iraqi government Ministry of Finance fully owned + Iraq's primary trade finance commercial bank handling Iraqi oil revenue + government transactions + founded Jul 17 2003 in Baghdad Iraq post-2003 US invasion under Coalition Provisional Authority CPA Order 20 [1, iq-cro].

History

Jul 17 2003 — Trade Bank of Iraq TBI founded in Baghdad Iraq post-2003 US invasion under Coalition Provisional Authority CPA Order 20 as Iraq's primary trade finance commercial bank handling Iraqi oil revenue + government transactions distinctive Iraqi post-invasion banking heritage.

2014 — TBI Mobile banking app launch.

Ownership & operator

Operating entity: Trade Bank of Iraq TBI (Iraqi state-owned commercial + trade finance bank).

Major shareholders: Iraqi government Ministry of Finance fully owned.

Regulators: Central Bank of Iraq CBI.

Technical integration

TBI Mobile app (iOS + Android) + tbiraq.com online + Trade Bank of Iraq branch network across Iraq + UAE + Jordan + Saudi Arabia + Egypt international branches + TBI Visa + Mastercard cards; EMVCo QRCPS QR payments + Iraqi Dinar IQD domestic transfers.

Implementations & partners

Major Iraqi banking + payments competitors: [[rafidain-bank]] (Rafidain Bank Masraf al-Rafidain; Iraqi state-owned commercial bank; Iraq's largest commercial bank by assets + branches) + [[rashid-bank-iraq]] (Rasheed Bank Masraf al-Rasheed; Iraqi state-owned commercial bank) + [[bank-of-baghdad]] (Bank of Baghdad; Iraqi commercial bank) + [[national-bank-iraq]] (National Bank of Iraq NBI; Iraqi commercial bank; Capital Bank of Jordan parent ~63%+ controlling).

Regulators: Central Bank of Iraq CBI.

Status

Active, Iraqi state-owned commercial + trade finance bank + Iraqi government Ministry of Finance fully owned + Iraq's primary trade finance commercial bank handling Iraqi oil revenue + government transactions + founded Jul 17 2003 in Baghdad Iraq post-2003 US invasion under Coalition Provisional Authority CPA Order 20 [1, 2].

Sources

• 1 TBI — official
• 2 TBI — Wikipedia
• iq-cro In-corpus: reports/countries/IQ-iraq.md

Source

Biography extracted from iraq-trade-bank.md. See matrix.md for standards-support matrix if present.