Trade Bank of Iraq (TBI)

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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, Iraq report}.

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) + Rasheed Bank (Rasheed Bank Masraf al-Rasheed; Iraqi state-owned commercial bank) + Bank of Baghdad (Bank of Baghdad; Iraqi commercial bank) + National Bank of 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
^{Iraq report} In-corpus: reports/countries/IQ-iraq.md

Source

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