It is with great sadness and sorrow that Mr. Mohammed MohammedJawad Al-Dulaimi, President and Chairman of the Board of Trade Bank of Iraq, the Board of Directors members, and all the bank staff give their condolences on the passing of TBI family member, Mrs. Rasha Fawzi
May Her Soul Rest in Eternal Peace
May God Inspire her Family Patience and Solace
(إنا لله وإنا اليه راجعون)
It is with great sadness and sorrow that Mr. Mohammed MohammedJawad Al-Dulaimi, President and Chairman of the Board of Trade Bank of Iraq, the Board of Directors members, and all the bank staff give their condolences on the passing of TBI family member, Mrs. Hind Taher Faisal
May Her Soul Rest in Eternal Peace
May God Inspire her Family Patience and Solace
(إنا لله وإنا اليه راجعون)
Our Heroes … Our Pride
The President of Trade Bank of Iraq and Chairman of the Board, Mr. Mohammed MohammedJawad Al-Dulaimi, extends his congratulations to our security forces in all categories and the people of our nation on the occasion of the glorious Victory Day. May our country and people be protected and may mercy and eternal peace be upon our heroic martyrs.
https://www.facebook.com/watch/?v=359059250108157
The initiative of TBI to plant and afforest one thousand trees in Baghdad.
Trade Bank of Iraq (TBI) Launches an Afforestation Campaign
In accordance with the directives of the Prime Minister, Mr. Mohammed S. Al-Sudani, regarding the launch of the nationwide volunteering campaign, TBI initiated an afforestation campaign by planting 1000 Albizia tree saplings in Baghdad. This initiative was carried out in coordination with the Mayoralty of Baghdad – Al-Rasheed Municipality Directorate.
Ahmed Al-Khazraji, TBI’s official spokesman, said, “TBI’s current management, represented the President of the Bank and Chairman of the Board, Mr. Mohammed MohammedJawad Al-Dulaimi, initiated this campaign in accordance to the directives of the Prime Minister in a major national campaign for volunteer work, aiming to serve Baghdad”.
He added: “TBI consistently organizes community campaigns and initiatives that serve environmental sector, educational sector …etc. Our current campaign is a to support the governmental efforts in the afforestation campaigns, to contribute in creating a better environment. TBI remains committed, in line with its future vision, to establish other community campaigns.”.
Trade Bank of Iraq – Women Empowerment Section organized a seminar for female employees at the TBI’s Headquarters ” Ending Violence Against Women”.
This campaign is an annual global initiative spanning for 16 days, aims to end violence against women. The seminar was co-lectured by the Community Police Department of the Iraqi Ministry of Interior.
This seminar is part of the ongoing activities organized by TBI’s Women Empowerment Section, designed to support female staff members in the Bank.
It is with great sadness and sorrow that Mr. Mohammed MohammedJawad Al-Dulaimi, President and Chairman of the Board of Trade Bank of Iraq, the Board of Directors members, and all the bank staff give their condolences on the passing of TBI family member, Mrs. Raneen Yahia Mohammed Saleh
May Her Soul Rest in Eternal Peace
May God Inspire her Family Patience and Solace
Trade Bank of Iraq (TBI) participated in the second industrial exhibition (Our Industry is our Identity), which was held by the Nineveh Chamber of Industry in the city center of Mosul, with the participation of a number of companies and factories from the public and private sectors.
The bank’s official spokesman, Mr. Ahmed Saad Al-Khazraji, said, “This event represents an important opportunity to support and encourage factories and industrialists in order to advance the industrial sector, as our bank always seeks to support the efforts being made in the field of reconstruction, infrastructure, and others in various industrial, health, and service fields.”
He added, “The current government’s directions towards diversifying the economy and revitalizing the private sector aim to revive the industrial sector and systematic plans to rehabilitate and revive idle factories throughout Iraq and to show the bright face of the industry and strengthen the slogan (Made in Iraq) by raising the contribution of non-oil productive sectors in order to build a solid economic base, which is what the bank’s management is working on according to its future plan.”
“TBI President Meets with Iraqi and Emirati Businessmen in Dubai”
The President of Trade Bank of Iraq “TBI” and Chairman of the Board of Directors, Mr. Mohammed MohammedJawad Al-Dulaimi, met with several Iraqi and Emirati Businessmen as well as investors at the Iraqi Consulate HQ in Dubai – United Arab Emirates. The meeting was attended by the Iraqi Consul, Mr. Amad Abdel Hamid, and the Commercial Attache at the Consulate.
During this event, discussion were made with businessmen regarding their needs for the banking services being provided to them inside and outside Iraq, not mentioning the procedures of converting TBI Representative Office in Abu Dhabi into an official Branch to provide services and overcoming obstacles faced during serving those investors and businessmen, the thing that shall improve the provision of banking services to clients, build strong practical relations and cooperate with the most important institutions of the two countries thus achieving mutual interest and promoting business prosperity.
The official spokesman for Trade Bank of Iraq, Mr. Ahmed Saad Al-Khazraji, said “The Bank’s strategic management plan focuses on strengthening its ability to build strong banking relationships and communicate with the outside world countries in order to enhance the role of trade between Iraq and the world. The great capabilities of our bank, as being the best Bank in providing commercial financing services in Iraq, enabled us to strive to achieve the best for country by supporting trade operations and financing promising investment opportunities in line with the current Government directions in achieving Iraq’s economic growth, which reflects positively in supporting our national currency.”
Trade Bank of Iraq has a wide network of Correspondent Banks, reaching to 382 banks located in 56 different countries and 110 cities around the World. Such spread led the the Bank to be globally present with effective competitive capabilities to provide various banking services by which TBI always seeks to maintain its leading role since its incorporation.
بِسْمِ اللَّـهِ الرَّحْمَـٰنِ الرَّحِيمِ
وَلَا تَحْسَبَنَّ اللَّهَ غَافِلًا عَمَّا يَعْمَلُ الظَّالِمُونَ إِنَّمَا يُؤَخِّرُهُمْ لِيَوْمٍ تَشْخَصُ فِيهِ الْأَبْصَارُ.
صدق الله العظيم.
In The Name of Allah, The Beneficent, The Merciful
(And never think that Allah is unaware of what the wrongdoers do
He only delays them for a Day when eyes will Stare in Horror)
Allah Almighty Has Spoken the Truth
It is with a deep sadness that we give our deepest condolences for the dear people of Gaza city and
Condemn the coward Zionist attack targeted Al-Ahili Arab “Al-Maemadani” Hospital
May the Pure Souls of the Palestinian Martyrs rest in Eternal Peace and Glory
And hope those who have committed such Aggressive attacks have
Endless Disgrace and Shame!
We Give the best of our wishes to all the Iraqi people on the occasion of “Iraq Independence Day”
May Allah Keep our beloved Country Safe and Prosperous
Information and Telecommunication Exhibition (ITEX IRAQ)
Trade Bank of participated in 2nd second session of Information and Telecommunication Exhibition (ITEX IRAQ) which was held on Baghdad International Fair grounds during the period 27-30/09/2023.
The official spokesman for Trade Bank of Iraq, Mr. Ahmed Saad Al-Khazraji, said: “Our bank is always keen to be present in such qualitative conferences to always keeps pace with the latest upgrades in the field of technology. According the directions of the TBI senior management, represented by the President and Chairman of Board of Trade Bank of Iraq, Mr. Mohammed MohammedJawad Al-Dulaimi, our bank is sincerely working to develop its practical structure and raise the level of the bank’s electronic system, the thing that will allow the customer to conduct banking operations easily and safely to keep abreast with other advanced world countries”
He added, “Such type of exhibition allows participants to be introduce to different modern digital solutions, learn about the future of digital services in Iraq, and discuss opportunities of improving services in general. In addition, this exhibition is a chance to communicate with entities and specialists of private and public sectors to learn about the latest technologies and solutions contributing in electronic services improvement.
Trade Bank of Iraq President meets Basra Branch Clients
Iraq – Basra
August 28th, 2023
In continuation of Trade Bank of Iraq “TBI” management to improve the level of banking services provided to customer, the President of Trade Bank of Iraq and Chairman of the Board of Directors, Mr. Mohammed MohammedJawad Kadhim Al-Dulaimi, met with a number of the bank’s clients in Basra branch, including commercial companies, businessmen and individual merchants, to provide best service for their needs.
Such meeting came in accordance to the Iraqi Government directives to provide superior services for commercial companies and individual merchants to overcome obstacles as per current conditions and controls to facilitate their business operations thus serving the Iraqi national economy.
Al-Dulaimi discussed the obstacles that Basrah branch clients facing in conducting their banking transactions, stressing that the bank is working to develop its services provided to clients so as to facilitates their financial operations flow thus confirming the importance of TBI’s role in providing support for that important section of society to enhance our national economy.
Trade Bank of Iraq President meets Al-Najaf branch Clients
Iraq-Al-Najaf
August 17, 2023
As part of the bank’s management plan to improve its banking services provided to the clients, the President of Trade Bank of Iraq and Chairman of the Board of Directors, Mr. -Mohammed MohammedJawad Kadhim Al-Dulaimi, met with a number of the bank’s clients in Al-Najaf branch, including commercial companies, businessmen and individual merchants, to provide best service for their needs.
Such meeting came in accordance to the Iraqi Government directives to provide superior services for commercial companies and individual merchants to overcome obstacles as per current conditions and controls to facilitate their business operations thus serving the Iraqi national economy.
Al-Dulaimi discussed the obstacles that Al-Najaf branch clients (individual merchants and companies) facing in conducting their banking operations, stressing that the bank is working to develop its services provided to clients so as to facilitates their financial operations flow. He also explained that tours and meetings will be orginized with clients in other branches in near future.
Trade Bank of Iraq (TBI) indicates to all media that the recent-published statements and information concerning the Bank are false, wrong, or quoted by an unauthorized entity.
The following website & social media pages are your source to get information and news about our Bank, Trade Bank of Iraq:
The official page on Facebook:
https://www.facebook.com/tbiraq/
The official page on Instagram:
https://www.instagram.com/tbi_iraq/
The official page on Twitter:
Therefore, we ask all press and media institutions to be accurate and reliable in publishing any information and verifying it through these websites.
Trade Bank of Iraq (TBI) represents an important economic interface for Iraq and the successive achievements of the bank made it establish an important and prominent role in the country’s economic activities, thus the Bank is entitled to take all legal action against anyone intending to publish any information which leads to harm the Bank’s reputation or against any entity attempts to weaken our national economy.
We hope all people to cooperate and provide the necessary support to our homeland for the maintenance of Iraq’s economy thus serving the public interest.
Trade bank of Iraq as Participant in 6Th Annual Exhibition and conference for Financial & Banking Services 2023
Trade bank of Iraq participated in the 6Th Annual Exhibition and conference for Financial and Banking Services 2023 which was held in the State Company for Fairs in Baghdad. The conference was attended by vice governor of the Central bank of Iraq as well as a number of the government and banking figures.
TBI had a distinctive role in this exhibition by providing various services to individual customers and institutions, as well as issuing electronic cards.
This exhibition presents all government and private banks, electronic payment companies, and other specialized institutions. It is also a distinctive chance for those interested and professionals in the financial and banking sector to introduce the services provided by participants to customers.
“Trade Bank of Iraq Participates in the Second Mosul International Exhibition for Industry and National Production 2023”
Trade Bank of Iraq (TBI) participated in the Second Mosul International Exhibition for Industry and National Production 2023 which was held in Nineveh Governorate – University of Mosul. The event was attended by the Governor of Nineveh, Mr. Najm Abdullah Al-Jubouri, and a number of government personalities as well as public and private sector companies.
The bank’s participation in this exhibition is based on the directives of the Iraqi Government to support and develop industrial projects thus serving our country. It also represents a high importance for direct communication with all individuals, companies and government agencies participating, interested and specialized in this sector that need such financial and banking services which contribute to facilitate the completion of their work then developing their projects.
The President and Chairman of Board of Directors of Trade Bank of Iraq “TBI”, Mr. Muhammad MuhammadJawad Al-Dulaimi, welcomed the Governor of the Central Bank of Iraq “CBI”, Mr. Ali Mohsen Al-Alaq, the Director General of the Banking Control Department at the Central Bank, Mrs. Qasma Saleh Ali, and the Director General of Investments and Foreign Transfers Department at the Central Bank, Dr. Mazen Sabah, during a visit to TBI Head Office.
The President of the Bank clarified to the Governor of the Central Bank of Iraq and his accompanying staff that he has set, since assuming his position and in line with the Iraqi Government, future plans to improve the work within the Bank which will support and strengthen the country’s economy.
During his meeting with President of the bank and his staff, The Governor urged the conformity of the Bank’s plans and directives with the program and objectives of the Government and the Central Bank of Iraq, stressing the need to provide all services rapidly and accurately to the Bank’s individual and corporate clients in a way that contributes to encouraging merchants to enter the foreign transfer system, the thing that shall lead to achieving the exchange rate stability in the Iraqi market.
Finally, the President of the Bank extended his thanks and gratitude to the Governor of CBI and his accompanying staff for their visit to the Bank and provision of practical support to Trade Bank of Iraq to improve the services provided to its clients.
The Women’s Empowerment Division of Trade Bank of Iraq (TBI) held an awareness seminar on supporting energy and reduce emissions project in coordination with the Ministry of Interior – Community Police Department for a number of Bank’s employees.
This seminar comes in accordance with the directives of the Iraqi government to achieve the National Women’s Team goals to support energy and reduce emissions and to spread the culture of a pollutant-free life.
Our Women’s Empowerment Division at TBI continues with its annual plan to organize awareness campaigns and seminars to support efforts of National Women’s Team.
Wishing you blessed years to come on the occasion of EID AL ADHA 2023
Trade Bank of Iraq (TBI) participated in Hawler International Technology Exhibition (HITEX) which was opened by the Prime Minister of the Kurdistan Region of Iraq, Mr. Masrour Barzani, in the presence of the Governor of Erbil, Mr. Omed Khoshnaw, and the Chairman of the Board of Trustees of the Communications and Media Commission, Mr. Bassam Salem, as well a number of other government figures. Many institutions and technical companies participated in the exhibition to spot the latest technologies and inventions and to present their products and services. In addition, many discussion sessions and workshops were arranged no mentioning the display of a number of innovations for young talents seeking to create a digital future.
This participation aims to keep abreast of cutting-edge technical developments and innovations that can be used within the banking sector, enhance the performance of the current banking systems and strengthen their efficiency, as computing and modern technologies are an important part of the stage of developing and digitizing financial and banking institutions by providing modern electronic payment methods that may be used to conduct online purchases, not forgetting POS devices which dispense the use of cash thus represent a suitable option for caring out various banking transactions.
“Trade Bank of Iraq Participate in the First International Mosul Fair for Agriculture, Food and Water”
Trade Bank of Iraq “TBI” Participated in the First International Mosul Fair for Agriculture, Food and Water, which was held in University of Mosul- Nineveh Governorate. The Minister of Agriculture, Eng. Abbas Jabr Al-Olayawi, and Nineveh Governor, Najm Abdullah Al-Jubouri, were present at this event as well as a number of governmental personalities and private sector companies specialized in this field.
The Bank’s participation comes in support of the Iraqi government’s efforts in taking such sector in consideration as it boosts the vital resources of Iraq thus aiding the Iraqi citizen. Participation in such specialized fairs is of a great importance to directly communicate with individuals, companies and all government entities interested and working in this sector which need banking services that shall facilitate their workflow and them overcome all obstacles.
At the end, TBI staff honored a number of supreme government figures who visited the bank’s pavilion and expressed gratitude for the bank’s participation in such fair.
Hoping to keep urging the organization of such important fairs that support the steps of the Iraqi government
Prime Minister Mohamed Shia Al-Sudani
Assigns Mr. Mohammed MohammedJawad Kadhim Al-Dulaimi as President of Trade Bank of Iraq
Baghdad, Iraq
June 13th 2023
Following the executive order of the Prime Minister of the Republic of Iraq, Mr. Mohammed MohammedJawad Kadhim Al-Dulaimi commenced his duties as the President and Chairman of the Board of Directors of Trade Bank of Iraq on 24 January 2023.
Mr. Al-Dulaimi met the bank’s staff as soon as he arrived to review the working mechanism of the bank in general, stressing that an expanded strategic action plan shall be developed based on the directives of the Prime Minister for the advancement of the financial sector in Iraq.
Trade Bank of Iraq Meets JP. Morgan Delegation
The Trade Bank of Iraq President and Chairman of the Board of Directors, Mr. Bilal Sabah Al-Hamdani, met with the Vice Chair of JP Morgan Bank (JP. Morgan), Mr. Daniel Zelikow, and his accompanying delegation as well as number of bank team.
In general, the two banks discussed the long practical relationship binding them and means of developing the mechanism of banking transaction implemented by Trade Bank of Iraq through JP Morgan Bank.
Our bank seeks to provide all possible facilities for foreign trade financing operations, not mentioning the development of industrial and service enterprises, providing banking services to government institutions and private sector companies in support of the directives of the Prime Minister of the, Eng. Mohammed Shia’ Al-Sudani, to raise the economy of the country and ensuring that the best services are being provided to Iraqi citizens in perfect means available and within international standards, the thing that reflected positively in Iraq’s economy.
It is worth mentioning that JP Morgan is one of the largest US banks in terms of financial assets, estimated at $4 trillion.
June 8th 2023
It is with great sadness and sorrow that Mr. Bilal Sabah Hussein, President and Chairman of the Board of Trade Bank of Iraq, the Board of Directors members, and all the bank staff give their condolences on the passing of TBI family member, Mr. Ali Jasim Hussein
May His Soul Rest in Eternal Peace
May God Inspire his Family Patience and Solace
Video report on the meeting held between Trade Bank of Iraq and the German Liaison Office for Industry and Commerce for supporting, developing and financing industrial and service-oriented projects in Iraq.
Business Coordination Meeting between TBI and German Liaison Office
Baghdad-Iraq
24th May 2023
Trade Bank of Iraq (TBI) held its first coordination meeting with the German Liaison Office for Industry and Trade in Baghdad. The meeting was attended by the Trade Bank of Iraq President and Chairman of the Board, Mr. Bilal Sabah Al-Hamdani, the Advisor of the Iraqi Prime Minister, Mr. Muhammad Al-Darraji, and representatives of Commerzbank AG as well as Iraqi businessmen and a number of the bank team members.
The official spokesman for the Bank and Head of its Public Relations and Media, Mr. Ahmed Saad Al-Khazraji, speaking “This meeting comes under the direction of the Prime Minister, Mr. Muhammad Shia’a Al-Sudani, which aims to set a practical plan to support and develop various types of industrial and service projects”, he also stressed “ The Iraqi government is hardly working in steady steps towards substantial supporting and developing the industrial, economic and service sector as these sectors represent a key factor for the advancement of the Iraqi economy.
During this meeting, the Iraqi businessmen discussed a number of practical problems faced by them in establishing specialized industrial and service projects in Iraq, stressing their request to be granted banking and practical facilities by the Iraqi government. The German companies emphasized their practical seriousness to enter the Iraqi labor market by presenting their intended industrial, service and economic projects and establish strategic partnerships with Iraqi companies.
At the end, the Prime Minister’s advisor and the Trade Bank of Iraq President and Chairman of the Board affirmed that they will provide all possible practical facilities to support the Iraqi companies aiming to establish industrial, productive and service lines of work to advance the industry of our country, Iraq.
Education…Awareness…Sustainable Development “Lead” to Pollutants-free Life
The Women’s Empowerment Division of Trade Bank of Iraq (TBI) held an awareness seminar on supporting energy and reduce emissions for a number of students of Maysaloon Commercial Preparatory school for Girls at the bank’s headquarter.
This seminar comes in accordance with the directives of the Iraqi government to achieve the National Women’s Team goals to support energy and reduce emissions establishing awareness campaigns to spread the culture of a pollutant-free life lives and protecting natural life resources, including water and others, against effects of climate changes which could afflict the whole world.
Our Women’s Empowerment Division at TBI continues with its annual plan to hold awareness and educational seminars to support efforts of empowering Iraqi women in compliance with the directives of the Women’s Empowerment Department in the General Secretariat of the Council of Ministers, and it also continuing in educating and raise awareness about the energy subsidy and emissions reduction project.
Trade Bank of Iraq and Iraqi Football Association Sign Sponsorship Agreement
Iraq – Baghdad
May 15, 2023
On Monday, Trade Bank of Iraq (TBI) signed a sponsorship agreement for our national teams with the Iraqi Football Association, at the headquarters of the bank, with the presence of the President of the Bank and Chairman of the Board of Directors, Mr. Bilal Sabah Al-Hamdani, and the President of the Iraqi Football Association, Captain Adnan Darjal.
The official spokesman for the bank and Head of Media and Public Relations Department, Mr. Ahmed Saad Al-Khazraji, said that this step was taken with the support and guidance of the Iraqi government which back all sports and our national teams in their upcoming tournaments.
He also added that Trade Bank of Iraq is always working on supporting many sectors through its continuous initiatives within its development plan. Today, the bank urges the steps of the Iraqi Football Association, which in turn seeks to develop and raise the technical, training and administrative level of our national teams, which is looking to invest the energies of the players to achieve the highest positive levels to place our national teams at highest levels in the upcoming tournaments, and in turn contributes to achieving football titles in the name of our beloved country, Iraq.
In conclusion, the President of the Iraqi Football Association extended his thanks and gratitude to the President of Trade Bank of Iraq for this initiative and the support for our national teams to assists the progress of Iraqi football.
As its main objective was to spread banking culture and promote the services provided by banks in general, the Financial Inclusion Week 2023 wsa concluded. During such week, Trade Bank of Iraq made filed tours, the latest of which was a visit to Al-Turath University College in order to educate and motivate students for using electronic payment means such as e-cards (Visa Card and MasterCard) in their daily life activities via POS devices, as well as to introduce our bank’s services, like “Drasati” loan which is granted to granted to students to facilitate the completion of their undergraduate or postgraduate studies in public or private universities of Iraq.
This event also included a different initiative carried out by our bank this year to support the afforestation initiative by visiting (Al-Intisar High School and Al-Anwar Intermediate School for Girls) and started planting the school gardens with ornamental plants and flowers of all kinds, the thing which will be reflected positively in most parts of the country. This came as we adhere to the government’s guidelines regarding such important and vital sector.
Trade Bank of Iraq (TBI) Participated in the Third Communications, Electronics and Media Exhibition and Conference (CEMEX) which was held in Sulaymaniyah, with the presence of a number of government institutions and private sector companies working in the fields of media, communications and IT. The exhibition aimed to provide an opportunity for employees in such fields to discuss the cutting-edge developments and find solutions for the constraints faced by users of these sectors in order to provide them with best service.
The Women’s Empowerment Division at Trade Bank of Iraq (TBI) held a seminar to introduce banking services and operations at the bank’s headquarters for a number of students of Maysalun Commercial High School. This seminar was held during the activities of the Financial Inclusion Week; through which we work to spread the banking culture to all segments of society.
In conclusion, a field tour was made by the students at the bank branch which enabled them to directly view the practical procedures being followed by the bank staff and expressed their thanks and gratitude for presenting such useful seminar by the bank.
As part of Trade Bank of Iraq participation in the Financial Inclusion Week, which will continue till next Thursday 11th May 2023, and as we endeavor to spread Iraq’s financial and banking culture, our bank ‘s team made a field visit to each of Al-Nahrain University, Dream City Mall, and Al-Alwiya Club to promote our banking services, through which we always seek to enhance efforts of providing our services to the public in order to urge participation in such sector.
The Financial Inclusion is necessary for raising citizens’ awareness about the services and products provided by banks and financial institutions, as well as for guiding those citizens to use the most recent technical banking methods in their financial dealings as well as educating on the means of conducting electronic payment transactions.
As part of Trade Bank of Iraq participation in the Financial Inclusion Week, our bank ‘s team made a field visit to each of Al-Nahrain University, Dream City Mall, and Al-Alwiya Club
Happy Labor Day
It is with great sadness and sorrow that Mr. Bilal Al-Hamadani, President and Chairman of the Board of Trade Bank of Iraq, the Board of Directors members, and all the bank staff give their condolences on the passing of TBI family member, Mr. Mohammedali Abbas Al-Nawab
May His Soul Rest in Eternal Peace
May God Inspire his Family Patience and Solace
(إنا لله وإنا اليه راجعون)
Eid Al-Fitr Mubarak
May it bring Peace and blessings upon you all
Ramadan Kareem
May it Bring Goodness, Sustain and Blessings Upon You All
As it continues to community initiatives, Trade Bank of Iraq “TBI” sponsored “Makanaha” project, which is initiated by Al-Ghad Al-Mashreq Organization for Orphan Care, by a full-month of training and qualifying women, who are under the sponsorship of the organization, on computer programs to enable them take part in multiple work fields. The closing ceremony included granting the trainees a participation certificate.
Trade Bank of Iraq is always keen to support the various segments of society in line with government directives that emphasize the initiation of such kind of community initiatives on an ongoing basis.
For those with Patience and Loyalty… Symbol of love, Giving and Sacrifice…
For All Mothers of the World
May God Protect your Soul…Bless your Life
Happy Mother’s Day
For All Our Beloved Iraqi People
Happy Nowruz Day
The Women’s Day Celebration held by Trade Bank of Iraq
(Trade Bank of Iraq Celebrates International Women’s Day)
Trade Bank of Iraq held a Women’s Day celebration for its outstanding female employees in support of Iraqi women and as an opportunity to make their voice heard, focus on the problems and difficulties they face, and push towards improving their conditions to guarantee the rights of theirs, the thing that shall reflect positively on expanding equality and empowering women economically, scientifically and socially.
Ms. Aman from Al-Ghad Al-Mashreq Organization, was a model to be proud of among women. She faced many difficulties until succeeded to achieve her goals by scoring (99.83) marks in High school final exams.
We are informing you that TESTAHEL Dinar product has been discontinued and we shall announce if resumed
Holders of certificates of deposit may visit any TBI branch to cancel such certificate and retrieve its amount.
Iraqi Women Contribute to Sustainable Development
Women are the Color of Life
Happy Women’s Day
(Iraqi Women Contribute to Sustainable Development)
Investing Woman’s powers and capabilities as well as empowering them with all necessary knowledge and skills that guarantee their rights in terms of services and resources, shall always make them capable and active in society thus contributing to strengthening their role in achieving a sustainable development for our country.
For All Dedicated Brave Women in the World
Happy Women’s Day
Press Release
Baghdad-Iraq
March 7th 2023
TBI congratulates all the winners in TESTAHEL Dinar Annual draw/Season Six. Congratulations to (Mrs. Hind Kadhim Kareem) from TBI Hillah branch, for winning (IQD 25,000,000) twenty-five million Iraqi dinars, and for the other (2) winners, as listed below, for winning (IQD 2,500,000) Two and a half million Iraqi dinars (for each):
- First Winner/ Nahla Abdel-Amir Abdul-Yasiri- TBI Parliament branch – IQD 2,500,000.
- Second Winner/ Dhakwan Zuhair Muhammad Al-Saffar – TBI Al Tahreer branch – IQD 2,500,000.
The Annual draw/Season Six of TESTAHEL Dinar was held on Sunday March 5th 2023 at TBI Head Office in Al Rasheed district – Baghdad. The event was attended by Mrs. Noor Muwaffaq Mahmoud, an employee at TBI Governmental Banking, Mrs. Saly Saad Ibraheem, an employee at TBI Awareness and Public Protection department, and both Mr. Mustafa Muwaffaq Nuri and Mr. Ammar Hilal Muslim, who are employee at TBI Retail Banking as well as a number of the Bank employees.
It is worth mentioning that “TESTAHEL Dinar” is one of the new products issued by Trade Bank of Iraq in 2017 year and has the approval of the Central Bank of Iraq.
Press Release
Baghdad-Iraq
February 7th 2023
TBI congratulates all the winners in TESTAHEL Dinar Eleventh monthly draw/Season Six. Congratulations to (Mr. Murad Talaa Muhammad Maarouf) from TBI Majidi Mall – Erbil branch, for winning (IQD 3,000,000) Three million Iraqi dinars, and for the (2) winners, as listed below, for winning IQD 250,000) two hundred and fifty thousand Iraqi dinars (for each):
- First Winner/ Abdul Hussein Shaker Jassim- TBI Karbala branch-IQD 250,000.
- Second Winner/ Abadi Hammoud Zaghnoun- TBI Al Masbah branch-IQD 250,000.
The Eleventh monthly draw/Season Six of TESTAHEL Dinar was held on Sunday February 5th 2023 at TBI Head Office in Al Rasheed district – Baghdad. The event was attended by Mr. Sarmad Majid Ali, an employee at TBI Retail Banking, Mr. Taha Thamir Abdul-Sattar, an employee at TBI Awareness and Public Protection department, and Mr. Abbas Alaa Hassan, an employee at TBI Governmental Banking as well as a number of the Bank employees.
It is worth mentioning that “TESTAHEL Dinar” is one of the new products issued by Trade Bank of Iraq in 2017 and continuing for the Sixth consecutive year and has the approval of the Central Bank of Iraq.
Trade Bank of Iraq Now in Dohuk
Another Branch…. More to Come
Press Release
Iraq – Baghdad
February 6, 2023
Trade Bank of Iraq (“TBI”) is pleased to announce the opening of its new branch in Dohuk Governorate – Iraq Kurdistan Region. In order to be closer to its customers, this step came as part of the bank strategy to expand its business inside Iraq
The opening ceremony was attended by Trade Bank of Iraq President and Chairman of the Board of Directors, Mr. Bilal Sabah Al-Hamdani and Dohuk Governor, Dr. Ali Tatar, number of members of the Iraqi Parliament, as well as governmental, local and commercial personalities, and investors in addition TBI cadre.
Such successful opening of TBI branch in Dohuk was welcomed and appreciated by all the attendees for the important role such step plays in promoting competition and providing support to individuals and governmental and private institutions, the thing that serves the interest of all the bank customers, which in turn reflects positively on the Iraqi economy.
TBI Duhok branch, which is located at Barazani street-near Telefrique station, provides banking services to all customers throughout the week, Sunday to Thursday, from 08:00 A.M to 15:00 P.M.
In order to support the national efforts of Ministry of Health and Environment, Trade Bank of Iraq, in coordination with the National Center for Blood Transfusion, organized a campaign to donate blood for patients hospitalized with bleeding and other blood diseases. The bank emphasizes the important role of such initiatives affecting the lives and health of citizens.
Prime Minister Mohamed Shia Al-Sudani assigns Mr. Bilal Al-Hamdani as President of the Trade Bank of Iraq
Baghdad, Iraq,
24 January 2023
Following the executive order of the Prime Minister of the Republic of Iraq, Mr. Bilal Al-Hamdani commenced his duties as the president of the Trade Bank of Iraq and Chairman of the Board of Directors on 24 January 2023 (in addition to his post as Director General of the Industrial Bank).
Mr. Al-Hamdani met with the bank’s senior staff as soon as he arrived to review the working mechanism of the bank in general, stressing that an expanded strategic action plan will be developed based on the directives of the Prime Minister for the advancement of the Iraqi financial sector.
The President and Chairman of Trade Bank of Iraq, Mr. Salem Chalabi, and all the Board members along with the bank staff, congratulates all the Iraqi people after the Iraqi national team winning the 25th Gulf Cup tournament.
One Trillion Two Hundred and Sixty-Seven Billion Iraqi Dinars
Trade Bank of Iraq Achieves its Highest Profit Rate since Its Establishment
Iraq – Baghdad
January 11, 2023
Achieving the highest level of annual profitability since its establishment, the Trade Bank of Iraq (TBI) announced on January 11, 2023, its net profits for the year 2022 in the amount of (1 One trillion two hundred and sixty-seven billion Iraqi dinars), equivalent to (Eight hundred and sixty-seven million dollars).
This significant increase resulted from the deliberate management of its funds, as the Bank made tireless efforts to recover the defaulting commercial loans previously granted, which constituted a high proportion of the current profits, in addition to imposing additional guarantees on other loans pending repayment, which is a crucial factor in maximizing the Bank’s earnings in the future.
The current management of the Bank and its Board of Directors has been working according to its strategic vision developed to support the Iraqi government’s policy in strengthening the private sector and employing human resources in various fields. This strategic vision also includes expanding the lending scope for commercial, industrial and investment development projects and the banking services provided to individuals and governmental and private institutions locally and internationally. These factors will contribute to the development and support of the Iraqi economy in general and strengthen the Government’s development steps in particular.
Furthermore, The Bank’s current management and Board of Directors supported community initiatives, most notably the donation to the pavilion of the Republic of Iraq at the Expo held in Dubai, United Arab Emirates; the contribution to the development and rehabilitation of Tahrir Square in the heart of Baghdad; and finally, the 100 million dinars donation to the Iraqi Manuscript House to support the project of imaging its manuscripts with modern high-precision equipment to photograph and preserve Iraq’s world heritage.
The Trade Bank of Iraq (TBI) will soon announce the opening of additional branches inside Iraq as it continues its expansion plan outside Iraq as well. The Bank’s branch in Riyadh, Saudi Arabia, will be officially opened in March this year.
Best Wishes and Congratulations to all the employees of the Ministry of Interior on the occasion of Iraqi Police Day Anniversary.
Happy Army Day for all our brave Soldiers
You are our Endless Pride and
Long-lasting Shield
Press Release
Baghdad-Iraq
January 4th 2023
TBI congratulates all the winners in TESTAHEL Dinar Tenth monthly draw/Season Six. Congratulations to (Ms. Zahraa Ridha Shamsi) from TBI Iraqi Red Crescent Society branch, for winning (IQD 3,000,000) Three million Iraqi dinars, and for the (2) winners, as listed below, for winning IQD 250,000) two hundred and fifty thousand Iraqi dinars (for each):
- First Winner/ Zahraa Saad Laib – TBI Zayoona Mall branch-IQD 250,000.
- Second Winner/ Hussein Khalaf Abdul Wahid – TBI Basrah branch-IQD 250,000.
The Tenth monthly draw/Season Six of TESTAHEL Dinar was held on Sunday January 4th 2023 at TBI Head Office in Al Rasheed district – Baghdad. The event was attended by Mr. Ahmed Thamir Abdul Samad and Ms. Rusl Saad Jameel, who are employees at TBI Retail Banking, Ms. Sally Saad, an employee at TBI Awareness and Public Protection department, Mr. Zaid Nahethe Mahfouthe, an employee at TBI Governmental Banking as well as a number of the Bank employees.
It is worth mentioning that “TESTAHEL Dinar” is one of the new products issued by Trade Bank of Iraq in 2017 and continuing for the Sixth consecutive year and has the approval of the Central Bank of Iraq.
Happy New Year 2023
Public Clarification regarding the statement “Recoveries for the period from 2016 – 2020” made on the personal page of Mr. Faisal Al-Haimus, the former president of Trade Bank of Iraq
The former president of Trade Bank of Iraq Mr. Faisal Al-Haimus has published on his personal Facebook page on recovering sums of money for the period from 2016 to 2020. Trade bank of Iraq would like to clarify that the recoveries of earlier lending’s have actually been made for the abovementioned period but the stated numbers are inaccurate and the bank is not responsible for it, as it represents Mr. Al-Haimus’s personal view.
Trade Bank of Iraq (TBI) confirms that any official statement pertaining to the bank is only published on the bank’s official websites, social media.
Press Release
Iraq – Baghdad
December 11, 2022
Trade Bank of Iraq’s Clarification on Al-Sharqiya’s news podcast on December 9, 2022, on Al-Hassad program
Trade Bank of Iraq (TBI) enjoys the trust of major international banks worldwide through its vast network of 420 correspondent accounts it holds with them. Accordingly, TBI represents Iraq’s gateway to the world in executing letters of credit, letters of guarantee and foreign remittances with the abroad financial institutions both for the government and private sector.
In reference to Al-Sharqiya’s news podcast on December 9, 2022, on Al-Hassad evening program, we clarify that no loans were granted for fictitious projects as reported, but there are several loans that have been granted under previous administrations to clients with unknown places of residence. As it was not possible to notify them on the addresses listed in our bank’s records, the management was forced to take legal procedures against them and inform them through the local Iraqi newspapers. As a result, Iraqi courts have issued decisions and rulings in absentia against some of the defaulted clients. Other clients made financial settlements with the bank and they are committed to its payment with interest. Therefore, the total of defaulted loans mentioned in the report of Al-Hassad program is inaccurate. Also, we would like to point out that some of the names mentioned in the report are not defaulted and are committed to repaying loan amounts with interest on an ongoing basis.
In addition, the Trade Bank of Iraq (TBI) publishes on its official website, with full transparency, all of its financial statements audited by one of the four major international companies specialized in this field. Which clarifies all the financial details of the bank, including defaulted loans.
We reiterate, the circulation of such information without verifying the exact sources adversely affects the Bank and its relationship with correspondent banks around the world, which in turn, negatively impacts the economy of Iraqi in general.
Trade Bank of Iraq (TBI) management is keen on preserving public money and has worked in the last two years in cooperation with the Office of Financial Supervision, the Commission of Integrity, and the Supreme Judicial Council on this matter. Approximately (one Trillion and Five Hundred Billion Iraqi dinars) have been collected through legal procedures, attachments on movable and immovable property and travel ban rulings against several defaulted clients; this is in addition to concluding financial settlements with other defaulted clients and taking additional guarantees on the loans. And to strengthen the bank’s financial position, provisions have been made progressively for doubtful debts.
The work continues in full swing to follow up on the bank’s defaulted clients to recover all the amounts of defaulted loans plus interests, noting that, so far, the Trade Bank of Iraq has achieved profits and financial returns from this year, 2022, at the highest rate compared to previous years.
Press Release
Baghdad-Iraq
December 4th 2022
TBI congratulates all the winners in TESTAHEL Dinar Ninth monthly draw/Season Six. Congratulations to (Mr. Awdah Abdullah Sabet) from TBI Al Amarah branch, for winning (IQD 3,000,000) Three million Iraqi dinars, and for the (2) winners, as listed below, for winning IQD 250,000) two hundred and fifty thousand Iraqi dinars (for each):
- First Winner/ Intisar Abboud Muhammad- TBI Majidi Mall–Erbil branch-IQD 250,000.
- Second Winner/ Muntaha Ajrash Shabib- TBI Nasiriyah branch-IQD 250,000.
The Ninth monthly draw/Season Six of TESTAHEL Dinar was held on Sunday December 4th 2022 at TBI Head Office in Al Rasheed district – Baghdad. The event was attended by Mr. Taha Thamir Abdel Sattar, Assistant Head of TBI Awareness and Public Protection department, Mr. Zaid Nahethe Mahfouthe, an employee at TBI Governmental Banking, and Mr. Ghaith Khudair Abbas, an employee at TBI Retail Banking department, as well as a number of the Bank employees.
It is worth mentioning that “TESTAHEL Dinar” is one of the new products issued by Trade Bank of Iraq in 2017 and continuing for the Sixth consecutive year and has the approval of the Central Bank of Iraq.
Nations…Peoples…Governments celebrate their own wealths through the years, the most important of which is the human capital for it represents the most essential element driving the world, economy, development and nation progress.
And in preserving human rights, non-discrimination between one sex and another, and because woman is half of society and in line with the 16-Days Campaign to End Violence Against Women, Trade Bank of Iraq (TBI) held, in cooperation with the Ministry of Interior – Community Police Department, an educational seminar for its feminine employees to find solutions and address causes for such crucial violence, end violence against women as well as empowering them communally.