The Banking Executive Magazine - September 2025 Issue

Trade Bank of Iraq ESTABLISHMENT & LEGACY The Trade Bank of Iraq (TBI) was founded in 2003 as a state-owned specialist to facilitate international trade and support reconstruction. Born in a period of transition, it be- came the bridge between Iraqi busi- nesses and foreign suppliers—issuing letters of credit and guarantees, and restoring access to international fi- nance. Two decades later, TBI remains Iraq’s premier trade-finance bank. While its product suite has expanded into re- tail and corporate banking, its essence is unchanged: ensuring goods, services, and capital flow ef- ficiently into Iraq’s economy. Its po- sition as one of the country’s largest banks by capital underscores the scale of its mission. STRATEGIC ROLE IN TRADE FINANCE TBI continues to underwrite Iraq’s imports and exports with the same centrality it did at its inception. By providing letters of credit and guar- antees, the bank ensures contractors secure equipment, industries obtain raw materials, and infrastructure projects receive financing. TBI is steadily and confi- dently advancing towards enhancing financial inclusion and supporting the national economy,” – TBI Management. RECENT ACHIEVEMENTS (2023–2025) In last two years, TBI honored More Awards like: • Best CSR Initiative – MENA Bank- ing Excellence Awards, awarded by MEED. • Leading Bank in Trade Finance In- novation – Iraq, awarded by The Global Economics (TGE). • Leading Bank in Capital Expansion – Iraq, awarded by The Global Economics (TGE). • Best Trade Bank – Iraq, awarded by INTERNATIONAL FINANCE. • Best Capitalized Bank – Iraq, awarded by INTERNATIONAL FI- NANCE. • The 2024 U.S. Dollar Clearing Elite ISSUE 201 SEPTEMBER 2025 the BANKING EXECUTIVE 27 ESTABLISHED TO RECONNECT IRAQ WITH GLOBAL MARKETS, THE TRADE BANK OF IRAQ HAS BECOME A TRUSTED HUB FOR TRADE FINANCE, FINANCIAL STABILITY, AND INNOVATION, SHAPING THE COUNTRY’S ECONOMIC FUTURE AT HOME AND ABROAD. Mr. Bilal Sabah Hussain, Acting President, Chairman of the Board