Proudly Iraq’s largest privately owned bank
As the largest privately owned bank and largest banking and financial network in Iraq, the International Development Bank (IDB) was established in 2011 to lead the way and provide comprehensive financial services to citizens and residents of Iraq, in conjunction with those seeking to invest in the country. Since then, our credibility and clients’ trust has enabled us to build a solid reputation locally, regionally and internationally.
Rooted in successful leaders’ story
Initially, IDB’s shareholders were primarily members of the Khalaf Abed Kareem family, together with a few Iraqi investors. While the Khalaf Abed Kareem family remains the biggest shareholder (61% of total equity), the number of shareholders has grown, and the bank was listed on the Iraq Stock Exchange in 2018.
