About Commercial Bank of Iraq
Commercial Bank of Iraq is a company based in Baghdad (Iraq) founded in 1992 was acquired by Ahli United Bank in August 2016.. Commercial Bank of Iraq operates in a competitive market with competitors including Scotiabank, The National Bank, Trade Bank of Iraq, National Bank of Iraq and Kreissparkasse Biberach, among others.
- Headquarter Baghdad, Iraq
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Ahli United Bank
(Aug 01, 2016)
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Funding Insights of Commercial Bank of Iraq
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Unspecified - Commercial Bank of Iraq | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Commercial Bank of Iraq
Commercial Bank of Iraq has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ahli United Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Commercial banking services are provided to individuals and corporates internationally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Commercial Bank of Iraq
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Commercial Bank of Iraq
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Commercial Bank Of Iraq Comparisons
Competitors of Commercial Bank of Iraq
Commercial Bank of Iraq operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, The National Bank, Trade Bank of Iraq, National Bank of Iraq and Kreissparkasse Biberach, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Banking solutions for individuals and businesses are provided comprehensively.
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| domain | founded_year | HQ Location |
Operates as a commercial bank offering deposits, loans, and payment services.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Iraq.
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| domain | founded_year | HQ Location |
Provides retail and business banking services with online platforms and financial products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Commercial Bank of Iraq
When was Commercial Bank of Iraq founded?
Commercial Bank of Iraq was founded in 1992 and raised its 1st funding round 23 years after it was founded.
Where is Commercial Bank of Iraq located?
Commercial Bank of Iraq is headquartered in Baghdad, Iraq.
Who is the current CEO of Commercial Bank of Iraq?
Bassam Jaber is the current CEO of Commercial Bank of Iraq.
What does Commercial Bank of Iraq do?
The Commercial Bank of Iraq was founded in 1992 and is headquartered in Baghdad. Operations are focused on commercial banking within the financial sector of Iraq. Services encompass deposits, loans, and other standard banking products for corporate and individual clients. The institution operates primarily in the domestic market, with its domain at cbiq.com.iq. Leadership is provided by CEO Bassam Jaber, overseeing activities in this established banking environment.
Who are the top competitors of Commercial Bank of Iraq?
Commercial Bank of Iraq's top competitors include Scotiabank, The National Bank and Bank of Baghdad.
Who are Commercial Bank of Iraq's investors?
Commercial Bank of Iraq has 1 investor. Key investors include Ahli United Bank.