# Trade Bank of Iraq (TBI)

> Source: https://docs.barcoder.ai/docs/wallets/iraq-trade-bank
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [TBI — official](https://www.tbiraq.com/)

## 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** <sup>[1][1], [Iraq report](https://docs.barcoder.ai/docs/payments/IQ)</sup>.

## 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](https://docs.barcoder.ai/docs/wallets/rafidain-bank) (Rafidain Bank Masraf al-Rafidain; Iraqi state-owned commercial bank; Iraq's largest commercial bank by assets + branches) + [Rasheed Bank](https://docs.barcoder.ai/docs/wallets/rashid-bank-iraq) (Rasheed Bank Masraf al-Rasheed; Iraqi state-owned commercial bank) + [Bank of Baghdad](https://docs.barcoder.ai/docs/wallets/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** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.tbiraq.com/ "TBI — official"
[2]: https://en.wikipedia.org/wiki/Trade_Bank_of_Iraq "TBI — Wikipedia"
[iq-cro]: https://docs.barcoder.ai/docs/payments/IQ

- [1] [TBI — official][1]
- [2] [TBI — Wikipedia][2]
- <sup>[Iraq report](https://docs.barcoder.ai/docs/payments/IQ)</sup> In-corpus: `reports/countries/IQ-iraq.md`

## Source

Biography extracted from [iraq-trade-bank.md](https://docs.barcoder.ai/source/wallets/iraq-trade-bank). See `matrix.md` for standards-support matrix if present.