Tag Archives | Iraqi Company for Bank Guarantees (ICBG)

USAID-Sponsored Bank Provides Financing for Iraqi SMEs

The Iraqi Company for Bank Guarantees (ICBG) is a privately-owned non-banking financial institution that guarantees repayment of up to 75% of loans, ranging from $5,000 up to $250,000, that private commercial banks extend to small and medium enterprises (SMEs) in Iraq. Early this year, the company reached a significant milestone when it surpassed $50 million […]