Banking in Iraq
Banking in Iraq roots from the beginning of the 20th century.
Iraq's two state-owned banks are the largest banks in Iraq and have shared history. In 1988, Rafidain Bank was spun off from Rafidain Bank .
Banking group | Established | Number of Branches | Total Assets (Iraqi Dinar billion) | Share of total banking system assets | Share of total banking system credit | Share of total banking system deposits |
---|---|---|---|---|---|---|
Rasheed Bank | 1988 | 162 | ||||
Rafidain Bank | 1941 | 147 |
Private Banks
Iraq has many private banks that are operating today in many Governorates in Iraq
Supervision and regulation
The Central Bank of Iraq supervises Iraqi banks.
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