Sun 22 Nov 2009 08:51 AM
Commercial Bank of Iraq
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Commercial Bank of Iraq

Industry: Banking & Finance

Company: Commercial Bank of Iraq

Country: Iraq

The Commercial Bank of Iraq holds the honour of being the first bank to partner with MasterCard International to issue credit and debit cards across the conflict-ravaged nation.

And despite facing unimaginable hardships, the institution is growing from strength to strength.

Established in February 1992 as a full fledged commercial bank, it is today the largest private bank in Iraq with a wide network of branches.

It also boasts a strategic alliance with Ahli United Bank, which acquired a 49 percent stake in the Commercial Bank of Iraq in December 2005.