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IRAQ'S CORRUPTION
العربية
The Ledger

Nishtiman Bank (KRG; under establishment, not yet operating)

This page sets out what the record shows about Nishtiman Bank (KRG; under establishment, not yet operating). 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.

مصرف نشتمان

Name, licence and status

Name in English
Nishtiman Bank (KRG; under establishment, not yet operating)
Name in Arabic
مصرف نشتمان
Type
State-owned bank (Kurdistan Region)
Licence
No. 33776/8/9 of 20 December 2023
Licence status
Licensed December 2023; not yet operating
Legal status
Not charged 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

Being listed here records an ownership stake or a post at the bank. It is not an allegation. Next to each name is the exact legal status. Where the encyclopedia holds a record of the name, the status comes from that record. Otherwise it reads “Not charged as of the date of writing”.

No owners or managers are recorded for this bank yet.

Dollars bought from the Central Bank

No purchases by this bank appear in the surviving records from 2012 to 2020.

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

The documents behind this page, with the words quoted from each.
  1. Central Bank of IraqAccessed 25 September 2026Tier B
    المصارف 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

    Original
  2. Central Bank of IraqAccessed 25 September 2026Tier B
    المصارف الحكومية (State banks)
    العراقي للتجارة ... المدير بلال صباح حسين ... 9/3/75/7 في 2004/1/24 | النهرين الاسلامي ... 12317/3/9 في 2015/8/17 | نشتمان لم يباشر بالعمل (تحت التأسيس) ... 33776/8/9 في 2023/12/20
    Original