Banking in Iraq

Banking in Iraq roots from the beginning of the 20th century.

Iraq's two state-owned banks are the largest banks in Iraq.

Banking group  | Established  | Number of
Branches  | Total Assets
(Iraqi Dinar billion)  | Share of
total
banking system
assets  | Share of
total
banking system
credit  | Share of
total
banking system
deposits

|
|
|
|
|
|

Rasheed Bank  | 1988  | 162  |  |  |  |
Rafidain Bank  | 1941  | 147  |  |  |  |

## Private Banks

Iraq has many private banks that are operating today in many Governorates in Iraq

## Supervision and regulation

The Central Bank of Iraq supervises Iraqi banks.

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