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National Islamic Bank Private Shareholding Company (Iraq)

Main Activities: Commercial Banking
Full name: National Islamic Bank Private Shareholding Company Profile Updated: March 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

National Islamic Bank Private Shareholding Company is a bank located in Baghdad, Iraq. It was established on May 5, 2005, under the incorporation license issued by the Central Bank of Iraq. The bank has a capital of 25 billion Iraqi dinars, which was fully paid up on August 29, 2013, and later increased to 251 billion Iraqi dinars in accordance with the instructions of the Central Bank of Iraq. The bank obtained approval from the Central Bank of Iraq to conduct comprehensive banking services and to mediate the sale and purchase of foreign currencies. However, due to security conditions, the bank was unable to engage in actual banking activities until April 2010. After a change in ownership and improvement in the security circumstances in the country, the bank was able to resume its operations.

Headquarters
Al Arsat Street
Baghdad; Baghdād;

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Website: http://www.nib.iq

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2005
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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10%
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10%
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10%
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9.98%
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9.71%
Company Performance
Financial values in the chart are available after National Islamic Bank Private Shareholding Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IQD. Absolute financial data is included in the purchased report.
Net interest income
-11.99%
Operating profit (EBIT)
90.62%
Net Profit (Loss) for the Period
482.64%
Total assets
23.99%
Total equity
19.97%
Total Assets Trend
6.72%
Net Interest Income Trend
1.96%

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