Banking in Iraq

Modern-style banking in Iraq roots from the beginning of the 20th century.

Iraq's two main state-owned banks are the largest banks in Iraq and have a shared history. In 1988, Rasheed Bank was spun off from Rafidain Bank.

Specialist state owned banks

It also has four specialist state-owned banks.

Private Commercial Banks

Iraq has many private banks that are operate across the Governorates of Iraq. These include:

Supervision and regulation

The Central Bank of Iraq supervises Iraqi banks.