Private company

Bank of Baghdad

Iraqi bank

The Bank of Baghdad, is a major Iraqi bank. It was established in 1992.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1992Founded1

The Bank of Baghdad, is a major Iraqi bank. It was established in 1992.2

The story

The bank was established on December 18, 1992, following a crucial amendment to the Central Bank of Iraq Law that allowed for the creation of private commercial banking entities.

In 2005, Bahraini United Gulf Bank (UGB) and the Iraq Holding Company acquired a majority stake in the bank.

In 2009, Kuwaiti Burgan Bank acquired UGB's stake, increasing its share to 51.8%.

The Bank of Baghdad opened its first branch in Beirut, Lebanon in 2012.

In early 2023, Jordan Kuwait Bank acquired Burgan Bank stake.

From Wikipedia’s article on Bank of Baghdad, shared under CC BY-SA 4.0.3

Products and brands

  • financial services

Listed on Wikidata.1

Timeline

  1. 1992Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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