Banking in Iraq

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Banking in Iraq roots from the beginnings of last century.

Iraq's two state-owned banks are the largest banks in Iraq.

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[edit]

Iraq has many private banks that are operating today in many Governorates in Iraq

Supervision and regulation[edit]

The Central Bank of Iraq supervises Iraqi banks.