National Bank of Kuwait

[sunshinelvr]

http://www.nbk.com/nbknetwork/Iraq_en_gb.aspx

NBK was one of the original three banks to be granted a license to operate in Iraq and later in 2005 the first bank to successfully complete the purchase of an Iraqi bank, (Credit Bank of Iraq ‘CBI’). CBI was originally set up in 1998 by traditional Iraqi merchant families with a paid up capital of ID200 million before the bank was listed on the stock exchange in 2004. In 2005, when NBK acquired its 75% stake in CBI, it also increased the bank’s capital. NBK helped develop CBI and advance it to be one of the top private banks in Iraq

Today, CBI offers a range of services for retail customers, as well as transfer and trade finance services for local and international companies and contractors. CBI’s branch network includes ten branches in Baghdad, one in Basra and one in Hellah in addition to a business center in the MTC Iraq/Atheer premise in Mansour. As communications and security continue to improve, CBI is working to widen its product offering and increase its reach.

CBI Network:

Head Office

Baghdad, Street 9, Building 187

Al Sadoun Street, District 102

PO BOX 3420

Tel: (+964) 1 718 2198

Fax: (+964) 1 717 0156

Jamila Branch

Al Jamila, 514-44-1/9

Tel: +964-1-8820784

Fax: +964-1-8820754

Karma Branch

Al Jadriyah, 913-28-23/1

Tel: +964-1-7760691

Fax: +964-1-7760690

Baya Branch

Baya, 817-34-40

Tel: +965-1-5540144

Fax: +965-1-5540702

Mustansiria Branch

Tammooz 14, 510-32-103

Tel: +964-1-4141490

Fax: +964-1-4141496

Hilla Branch

Al Anam Bldg, next to Central Markets

Tel: +964-30-246448

Fax: +965-24022011

Mansour Branch

MTC-14-605

Mobile: +964-709 142 1714

Karrada Branch

Al Karrada, 929-18-110

Tel: +964-1-7784207

Fax: +964-1-7782740

Mashtal Branch

Mashtal, 751-66-323/2

Tel: +964-1-7634809

Fax: +964-1-7634400

Samawal Branch

Al Rasheed, 110-22-4

Tel: +964-1-8851719

Fax: +964-1-8151199

Hurria Branch

Asalaam, 1354-35-418

Tel: +964-1-5239029

Basrah Branch

Ashtaar, Um Al Baroom

Tel: +964-40-623603

Fax: +965-2422011

Erbil Branch

Al Manara Quarter, Al Hillali Street

Tel: +964 66 2235603

South Gate Branch

Baghdad - Saadoun District (101) St.9 Bld 4

Tel: +964-1-8856248 / 8181058

Telefax: 00964-1-8856247

Karabala'a Branch

Karbala'a - Abbasia-District 24

Building 113/28 Near Education Sqaure

Tel: 032-322342

Best Bank in The Middle East Award

View Awards

[Upgradable]

Is this different than the Central Bank of Iraq, headed by Shabibi, that will be instrumental in establishing the new RV?

[RVDinar4MyFamily]

Is this different than the Central Bank of Iraq, headed by Shabibi, that will be instrumental in establishing the new RV?

No, it is the Central Bank of Iraq

[Hungrytorv]

Shabibi is head of Central Bank Of Iraq. This is the Credit Bank of Iraq

[MovieMaker]

Thanks for Sharing!

[War Eagle]

This is a GOOD stock to own.IMHO!!!!!!!

[behaviorkat]

Thanks for the info. It is my understanding that we can wire the money to the CBI if our accounts are not set up yet. I am not sure of all the detail with this but if anyone knows and can comment on this that would be great.

[Upgradable]

Again, we're talking about two different banks here with the same initials. According to the article, the Kuwaiti owned bank is the Credit Bank of Iraq, while Shabibi heads the Central Bank of Iraq.

[know_moral_eyes]

Shabibi is head of Central Bank Of Iraq. This is the Credit Bank of Iraq

You are right. This IS NOT the CBI that we know.

I am studying Kuwait right now, closer than Iraq. Here is the link to the Credit Bank Of Iraq. Follow the link, and you will see that this is a totally different CBI.

Thanks,

Know Moral Eyes

[redbaron]

http://www.nbk.com/nbknetwork/Iraq_en_gb.aspx

NBK was one of the original three banks to be granted a license to operate in Iraq and later in 2005 the first bank to successfully complete the purchase of an Iraqi bank, (Credit Bank of Iraq ‘CBI’). CBI was originally set up in 1998 by traditional Iraqi merchant families with a paid up capital of ID200 million before the bank was listed on the stock exchange in 2004. In 2005, when NBK acquired its 75% stake in CBI, it also increased the bank’s capital. NBK helped develop CBI and advance it to be one of the top private banks in Iraq

Today, CBI offers a range of services for retail customers, as well as transfer and trade finance services for local and international companies and contractors. CBI’s branch network includes ten branches in Baghdad, one in Basra and one in Hellah in addition to a business center in the MTC Iraq/Atheer premise in Mansour. As communications and security continue to improve, CBI is working to widen its product offering and increase its reach.

CBI Network:

Head Office

Baghdad, Street 9, Building 187

Al Sadoun Street, District 102

PO BOX 3420

Tel: (+964) 1 718 2198

Fax: (+964) 1 717 0156

Jamila Branch

Al Jamila, 514-44-1/9

Tel: +964-1-8820784

Fax: +964-1-8820754

Karma Branch

Al Jadriyah, 913-28-23/1

Tel: +964-1-7760691

Fax: +964-1-7760690

Baya Branch

Baya, 817-34-40

Tel: +965-1-5540144

Fax: +965-1-5540702

Mustansiria Branch

Tammooz 14, 510-32-103

Tel: +964-1-4141490

Fax: +964-1-4141496

Hilla Branch

Al Anam Bldg, next to Central Markets

Tel: +964-30-246448

Fax: +965-24022011

Mansour Branch

MTC-14-605

Mobile: +964-709 142 1714

Karrada Branch

Al Karrada, 929-18-110

Tel: +964-1-7784207

Fax: +964-1-7782740

Mashtal Branch

Mashtal, 751-66-323/2

Tel: +964-1-7634809

Fax: +964-1-7634400

Samawal Branch

Al Rasheed, 110-22-4

Tel: +964-1-8851719

Fax: +964-1-8151199

Hurria Branch

Asalaam, 1354-35-418

Tel: +964-1-5239029

Basrah Branch

Ashtaar, Um Al Baroom

Tel: +964-40-623603

Fax: +965-2422011

Erbil Branch

Al Manara Quarter, Al Hillali Street

Tel: +964 66 2235603

South Gate Branch

Baghdad - Saadoun District (101) St.9 Bld 4

Tel: +964-1-8856248 / 8181058

Telefax: 00964-1-8856247

Karabala'a Branch

Karbala'a - Abbasia-District 24

Building 113/28 Near Education Sqaure

Tel: 032-322342

Best Bank in The Middle East Award

View Awards

What is the purpose of this post?

[cgbrown]

JIS (Just information Sharing), now you know what they know.

[one4dinar]

Is this different than the Central Bank of Iraq, headed by Shabibi, that will be instrumental in establishing the new RV?

Yes, this is Credit Bank Of Iraq not Central Bank of Iraq & Shabibi. Credit bank is 75% owned by National Bank of Kuwait.

What is the purpose of this post?

Credit bank of Iraq, one of the best banks to hold in your ISX portfolio.

[rick_jb]

Thanks for sharing the info.