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Dear visitor,
The eyes of the world have been on Iraq ever since the regime change in 2003 which is leading to the rebuilding of Iraq, its economy as well as its institutions and financial systems. Now, after less than five years in existence, the Trade Bank of Iraq (TBI) is establishing itself as an international bank of growing repute. In that time, we have established relationships with over 134 prime banks in 39 countries and this network continues to grow.
Reputation is built on good performance and TBI continues to exceed performance expectations, the results of which have been excellent with triple digit growth predicted across all divisions for 2008. This will confirm TBI’s position as one of the biggest and most successful trade finance banks in the Middle East. Two other statistics will also hopefully give you pause for thought: since we commenced operations, our volume of business has more than quadrupled, from US$ 5 Billion the first year to about US$23 in 2007 while our pre-tax profitability has increased more than thirty-fold to an expected $160 million in 2007 form US$ 5 million the first year
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