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Tag Archives | KIPCO (Kuwait Investment Projects Company)

EBRD and EU Boost Trade Finance in Iraq

By on 17th September 2026 in Investment, Iraq Banking & Finance News, Iraq Industry & Trade News

By John Lee. A $25 million trade finance facility has been extended to Bank of Baghdad, one of Iraq's leading private-sector banks, under the European Bank for Reconstruction and Development (EBRD)'s Trade Facilitation Programme (TFP). According to the EBRD, the facility will support Bank of Baghdad in increasing its import and export transactions, expanding its […]

CBI Approves Sale of Bank of Baghdad

By on 17th January 2023 in Investment, Iraq Banking & Finance News

By John Lee. Kuwait's Burgan Bank has announced that the sale of its 51.8-percent share in Bank of Baghdad (BBOB) to Jordan Kuwait Bank (JKB) has been approved by the Central Bank of Iraq (CBI). The deal's completion is subject to the fulfilment of legal documentation and Iraqi Stock Exchange requirements. Burgan Bank is a […]