Arab Bank Iraq
This page sets out what the record shows about Arab Bank Iraq. It names the owners and managers, gives the dollars the bank bought from the Central Bank in the years whose records survive, lists the requests that the Central Bank refused and describes the action that regulators took against the bank.
المصرف العربي العراق
Name, licence and status
- Name in English
- Arab Bank Iraq
- Name in Arabic
- المصرف العربي العراق
- Type
- Foreign-owned bank (Jordan)
- Licence
- No. 15546/4/9 of 24 December 2024
- Regulatory measures
- No sanction, ban or fine recorded as of the date of writing
Ownership
The Iraq Securities Commission page names no shareholder with about 10 per cent or more. The shareholder tables of the annual reports are not yet in the record.
Owners and managers
| Name | Role | Share | As of | Legal status | Source |
|---|---|---|---|---|---|
Sabih Taher Masri | Chairman | Not stated | 31 December 2024 | Not charged as of the date of writing | abl.org.lb |
Ziad Mohammed Ahmad Al Jamal زياد محمد الجمل | Managing director | Not stated | 30 September 2026 | Not charged as of the date of writing | cbi.iq |
Ministry of Finance, KSA (Saudi Arabia), represented by Badr Mohammed AlAsem | Board member | Not stated | 31 December 2024 | Not charged as of the date of writing | abl.org.lb |
Social Security Corporation of Jordan, represented by Mohammed Adnan Al-Madi | Board member | Not stated | 31 December 2024 | Not charged as of the date of writing | abl.org.lb |
Arab Bank (Jordan)(company) | Shareholder | 60% | 30 September 2026 | Not charged as of the date of writing | arabbankiraq.com |
Arab National Bank (Saudi Arabia)(company) | Shareholder | 20% | 30 September 2026 | Not charged as of the date of writing | arabbankiraq.com |
Al-Muhaidib Group (via Isnad Company)(company) | Shareholder | 10% | 30 September 2026 | Not charged as of the date of writing | arabbankiraq.com |
Dollars bought from the Central Bank
Dollars bought from the Central Bank, by year
In millions of dollars. Verified rows of the Central Bank's daily records.
| Year | Dollars bought | Cash | Transfers abroad | Share of the year's named sales | Refused | Value of the price gap |
|---|---|---|---|---|---|---|
| 2017 | $3.3m | $0 | $3.3m | 0.0% | Not stated | $165,869 |
| Total | $3.3m | $0 | $3.3m | Not stated | $165,869 |
Share of the year's named sales: the bank's part of all the dollars that the surviving records attribute to a named bank in that year.
Refused: the requests that the Central Bank's committee turned down. Its minutes survive only from January 2013 to February 2015. An empty cell means that no minutes survive for that year. The yearly figures come from the yearly ledger. The figure at the top of the page comes from the committee's minutes. The two can differ.
What the Central Bank refused
The committee's surviving minutes, from January 2013 to February 2015, record no refusal for this bank.
Enforcement actions
No enforcement action against this bank is recorded here.
Sources
- Central Bank of IraqAccessed 25 September 2026Tier Bالمصارف الاهلية المحلية (Private local banks: licence numbers/dates, managers, status marks)
الأقليم التجاري للاستثمار والتمويل ( اميرالد سابقا ) ... 408/3/9 2007/3/1 | الهدى ( ممنوع من التعامل بالدولار ) ... 136/3/9 2008/1/14 | مصرف بابل ( تصفية ) ( ممنوع من التعامل بالدولار ) ... المصفي، د.أحمد عباس أحمد | دار السلام للأستثمار ( حراسة قضائية ) | الشمال للتمويل والاستثمار ( وصاية ) | الطيف الإسلامي للإستثمار… Read the rest
والتمويل ( وصاية )( ممنوع من التعامل بالدولار ) | المال الإسلامي للإستثمار ( ممنوع من التعامل بالدولار ) ... 845/3/9 في 2018/12/9(punctuation adjusted)Translation: Region Trade Bank for Investment & Finance (formerly Emerald) ... licence 408/3/9 of 1 Mar 2007 | Al-Huda (barred from USD dealing) ... licence 136/3/9 of 14 Jan 2008 | Babylon Bank (liquidation) (barred from USD) ... liquidator Dr Ahmed Abbas Ahmed | Dar Es Salaam (judicial receivership) | North Bank (guardianship) | Al-Taif Islamic (guardianship)(barred from USD) | Al-Mal Islamic (barred from USD) ... licence 845/3/9 of 9 Dec 2018
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