How many employees work at Bank of Baghdad?

About Bank of Baghdad

The Bank of Baghdad is the first bank licensed in Iraq, as it began banking operations in a year, putting the needs of the national economy as its priorities. The Bank of Baghdad was established after amending Article Five of the Central Bank of Iraq Law. Until September 2017, the Bank of Baghdad practiced commercial banking only. Then, it diversified its service portfolio until it included banking services on a broader scale, after the Central Bank of Iraq allowed all private banks to practice all banking activities. It was a year of transformation for the Bank of Baghdad, as both the United Gulf Bank and the Iraq Holding Company owned shares of the bank’s capital. In 2017, Burgan Bank acquired United Gulf's stake, becoming the majority owner. This participation has enabled the Bank of Baghdad to diversify its global banking business through attention to technology and competitive services.