Bank of Baghdad
Encyclopedia
The Bank of Baghdad is one the largest commercial bank
Commercial bank
After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...

s in Iraq
Iraq
Iraq ; officially the Republic of Iraq is a country in Western Asia spanning most of the northwestern end of the Zagros mountain range, the eastern part of the Syrian Desert and the northern part of the Arabian Desert....

. It was established in 1992.

Bank of Baghdad is a member of KIPCO
KIPCO
Kuwait Projects Company , popularly known as KIPCO, is one of the premier investment holding companies in the Middle East and North Africa region. KIPCO has substantial ownership interests in a diversified portfolio of companies in Europe, the Middle East, and the USA...

 group and enjoys international banking partnerships throughout the Middle East, North Africa, and further afield to Europe, United States of America, United Kingdom, and China which allows us to provide better regional banking services through sister banks in Kuwait, Bahrain, Jordan, Syria, Algeria and Tunis. Other financial services in the network for Investment and Asset Management are; United Gulf Bank Securities Company (UGBS), Bahrain, United Gulf Financial Services (UGFS), Qatar, KAMCO, Kuwait, Al Dhiyafa, Kuwait, Royal Capital, Abu Dhabi, UAE, North Africa Holding Company, Kuwait, and Manafae Investment Company, Kuwait.

Commercial banking activities including deposits and loans; Financing activities including trade, industrial, agricultural and housing loans; investment services including real estate investment potfolios and security trading; life and non-life insurance services.

The Bank of Baghdad opened its first branch in Beirut
Beirut
Beirut is the capital and largest city of Lebanon, with a population ranging from 1 million to more than 2 million . Located on a peninsula at the midpoint of Lebanon's Mediterranean coastline, it serves as the country's largest and main seaport, and also forms the Beirut Metropolitan...

, Lebanon
Lebanon
Lebanon , officially the Republic of LebanonRepublic of Lebanon is the most common term used by Lebanese government agencies. The term Lebanese Republic, a literal translation of the official Arabic and French names that is not used in today's world. Arabic is the most common language spoken among...

.

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