Union Bank of Iraq was established under the 9321 certificate in 23/09/2002 issued by the Department of Companies Registration and obtained a license to practice banking upon the Central Bank Letter No. 9/3/240, Dated: 09/03/2001.
The current capital is (252000000000) two hundred and fifty two billion Iraqi Dinars...
Union Bank of Iraq is a private joint stock company. Its headquarter is in Iraq / Baghdad, then expanded to open a branch in Erbil in 2008 to offer its finest banking And financial service to individuals, companies, and corporations including consulting, wealth management, loans, special customer services. Corporations banking service include local and foreign services, and structured and commercial finance.
The special banking services presented in Union Bank of Iraq are investment services, external services, international services through its relationships with international banks, and also include broker services like security And stock trading.
The UBI is seeking to open other branches in Sulaimania, Dahouk, Karkuk, Babel and other places in Baghdad to be always ready to present its services to clients wherever they are. The bank is also seeking to trade via internet and phone, and provide Credit Cards to its customers to be in line with global developments in banking services.