IMEIB has been established in 1993 after getting a certificate of establishment from Ministry of Trade/ Companies Registration Office and money exchange license from CBI. IMEIB commenced its banking activities in 8th/5/1994 with a capital of IQD 400 million. Recently the recorded and paid up capital is 250 IQD billions folded-up by 625 times, these increases are achieved through the annual capitalizations and the other part is paid by shareholders since the bank's establishment.
Our Bank has gotten the First-Grade (1C) among the Iraqi Private Banks according to the International CAMEL System for four years (2007-2008-2009-2010) successively, also gotten (3A)classification in 2017, the bank also has Anti-Money Laundering Unit according to the law NO. 93 of 2015 and CBI's instructions as well as banks also received the rank of (B+) within the assessment of the Central Bank of Iraq to the bank in terms of the bank's compliance with the rules and standards of compliance for combating money laundering and financing terrorism.
Our Bank has gotten the First-Grade (1C) among the Iraqi Private Banks according to the International CAMEL System for four years (2007-2008-2009-2010) successively, also gotten (3A)classification in 2017, the bank also has Anti-Money Laundering Unit according to the law NO. 93 of 2015 and CBI's instructions as well as banks also received the rank of (B+) within the assessment of the Central Bank of Iraq to the bank in terms of the bank's compliance with the rules and standards of compliance for combating money laundering and financing terrorism.
Show More
