Ashur International Bank
Ashur International Bank is an Iraqi private joint-stock company established in 2005, evolving to become the first investment bank in Iraq.
Last updated September 1, 2026
Overview
Ashur International Bank, officially Ashur International Investment Bank, is a private joint-stock company in the Iraqi private sector, established in 2005. It has a 21-year track record in providing comprehensive banking services and evolved to become the first investment bank in Iraq. The bank offers retail and business banking services, including loans, credit cards, and commercial services such as letters of credit.
History
Established in 2005 as a private joint-stock company in the Iraqi private sector, Ashur International Bank has a distinguished 21-year track record in providing comprehensive banking services. It evolved to become the first investment bank in Iraq. In 2014, the bank increased its capital to 250 billion Iraqi dinars, approximately equivalent to 215 million dollars.
Products and positioning
Loans for Small and Medium Enterprises
Loans for financing small and medium enterprises in different sectors.
Overdraft
Flexible and innovative credit facilities as overdraft accounts to provide working capital or cover short-term financial urgent needs.
Letters of Credit
Services for opening documentary credits to enhance internal and external trade activity.
Flagship businesses
- Retail and business banking services
- Corporate loans
- Letters of credit
Sources
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