Ashur Bank joins IBBC with intent to expand corporate banking and project finance.
Ashur Bank has joined IBBC, following a long relationship with Mr Mohammed Al-Delaimy and Ashur bank.
Ashur International Bank was established in 2005 and is one of the leading private banks in Iraq. The bank offers comprehensive banking services to both, individuals and businesses, with a strong focus on digital innovation, financial inclusion, and developing financial products tailored to the evolving needs of the Iraqi market.
Ashur Bank’s current vision focuses more on corporate and private banking supporting corporate lending and project finance, as they aim to contribute to Iraq’s infrastructure and economic development through strategic financial solutions.
Mr. Mohammed Al-Delaimy, CEO of Ashur International Bank, stated: “We, at the bank, are delighted to join IBBC, which we consider a strategic platform to strengthen cooperation with leading international institutions, exchange expertise, and contribute actively to Iraq’s economic growth. Our membership in the council aligns with our vision of thoughtful expansion and building effective and sustainable partnerships. This compliments our ongoing collaboration and support with IBBC since day one“
Mr Christophe Michels, MD of IBBC says: “IBBC have long history of partnering with Mr Al.Delaimy, as a member of the IBBC’s Advisory Council and previously during his leadership roles at Trade Bank of Iraq and SCB, so we are delighted to be working with Ashur International Bank and the promise of modern digitized and corporate banking that Iraq and IBBC members value.“