11.01.2013 - Kurdistan International Bank: Islamic banking in Iraq
Kurdistan International Bank was set up in this new environment and started operations in 2005. It is one of the leading banks and it is a pioneer. It is the biggest bank in the Kurdistan region and is one of the major banks, if not the second bank of Iraq as a whole. We expanded rapidly in terms of deposits and in all aspects of the financial sector: profitability, growth and capital. Last week we doubled our capital from 150 billion Iraqi dinars to 300 billion Iraqi dinars. The requirement from the Central Bank is 250 billion Iraqi dinars...............................................Full Article: Source
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