Iraqi Company for Bank Guarantees
en ar ku 
en ar ku 
ICBG Online English Edition
Welcome to the English Version of ICBG Website
Recent Articles

Dow Jones Newswires Interviews ICBG Chairman on $16.5M in Loans

Monday 15 February 2010

Dow Jones Newswires Interviews ICBG Chairman on $16.5M in Loans A reporter for Zawya Dow Jones, Hassan Hafidh, recently interviewed the Chairman of the ICBG Board of Directors, Wadea al-Handal, who remarked that "ICBG has guaranteed 1,075 loans granted to small and medium-sized enterprises [SMEs] worth nearly $16.5 million in the last three years." A link to the full article is provided below. With the support of the USAID-funded Tijara Provincial Economic Growth Program and its (...)

Central Bank of Iraq Approves ICBG Conversion into a JSC

May 7, 2009

Monday 18 May 2009

Central Bank of Iraq Approves ICBG Conversion into a JSC May 7, 2009. In a letter addressed to ICBG, the Central Bank of Iraq has recently approved the conversion of ICBG into a Joint Stock Company (JSC). The conversion is considered an important step toward widening the membership base and fostering the principles of transparency and accountability before shareholders and donors. Central Bank of Iraq Directorate General of Credit& Banking Supervision DateReference No: 9/3/1974 Attention: (...)

Central Bank of Iraq Approves Special Provisioning on ICBG Guaranteed Loans

May 7, 2009

Monday 18 May 2009

Central Bank of Iraq Approves Special Provisioning on ICBG Guaranteed Loans May 7, 2009. The Central Bank of Iraq has taken a progressive step toward exempting the ICBG guaranteed portion of SME loans from normal provisioning requirements. ICBG has been working on this issue with CBI for some time, and CBI has favorably responded to their request for this special provisioning treatment. Please see below the CBI regulation communicated to ICBG: Central Bank of Iraq Directorate General of (...)

Copyright © 2006 ICBG. All rights reserved. Site created with SPIP.   Valid XHTML 1.0!
Other Resources