Industry Banking Website www.reb-iraq.com Founded Iraq | Products Financial Services | |
Type Government-owned corporation | ||
Real Estate Bank of Iraq (Arabic: المصرف العقاري العراقي) is an Iraqi state-owned bank aimed at facilitating housing projects through giving loans. In 1997, it started to give loans to tourism projects like building hotels. It was established in 1948 in Baghdad and started working in 1949. The bank has several branches in Baghdad and the governorates.
It is one of four special purpose banks established after the Second Gulf War.
References
Real Estate Bank of Iraq Wikipedia(Text) CC BY-SA