Iraqi Company for Bank Guarantees
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ICBG Online English Edition
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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 (...)

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 (...)

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 (...)

ICBG Holds its Annual Assembly Meeting

February 4, 2009

Monday 18 May 2009

ICBG Holds its Annual Assembly Meeting February 4, 2009. ICBG held its first annual general assembly meeting for the year 2009. The meeting reviewed the progress made by the company in meeting its objectives. The meeting was attended by (...)

9 ICBG Banks to Establish Specialized Small Lending Units

February, 2009

Monday 18 May 2009

9 ICBG Banks to Establish Specialized Small Lending Units February, 2009. 9 ICBG participant banks have agreed to establish specialized SME lending units. The USAID/Tijara project will provide training, technical assistance as well as ICT equipment (...)

2 New Private Sector Banks join ICBG

jenuary ,2009

Monday 18 May 2009

2 New Private Sector Banks join ICBG January,2009. Trans Iraq Bank and Al Huda Bank became ICBG members and signed the ICBG Participating Bank Agreement. The total number of ICBG members has now grown to (...)

Formal Inauguration of ICBG

November 14, 2008

Monday 18 May 2009

Formal Inauguration of ICBG November 14, 2008. ICBG held a reception at the Elwiyah Club celebrating its move to its new offices and formal initiation of its guarantee operations. Representatives of all ICBG participant banks, other private sector (...)

ICBG Participates in SME Bank Networking Forum at the Hunting Club Organized by USAID/Tijara

October 14, 2008

Monday 18 May 2009

ICBG Participates in SME Bank Networking Forum at the Hunting Club Organized by USAID/Tijara October 14, 2008. The USAID/Tijara program organized an SME Bank Networking Forum at the Hunting Club in Baghdad. The Forum highlighted the growing (...)

Monthly Meeting of ICBG Board of Directors

August, 11, 2008

Sunday 17 May 2009

Monthly Meeting of ICBG Board of Directors August, 11, 2008. A short board meeting was held in Erbil. The board members discussed several issues including steps related to conversion of ICBG into JSC, approval process for loan guarantee applications, (...)

ICBG Semi- Annual General Assembly Meeting is held in Erbil and Appoints a new Director General

June 7, 2008

Sunday 17 May 2009

ICBG Semi- Annual General Assembly Meeting is held in Erbil and Appoints a new Director General June 7, 2008. ICBG held the semi-annual general assembly meeting in Erbil. The meeting was attended by all shareholders. Mr. Ali Mohammed Salman was (...)

ICBG Holds Monthly Board Meeting in Erbil

March 3, 2008

Sunday 17 May 2009

ICBG Holds Monthly Board Meeting in Erbil March 3, 2008. ICBG held its monthly board meeting in Erbil. The meeting was opened by the chairman who thanked the board members for their dedicated efforts to continue building the ICBG as a forward-looking (...)

NOTE

Sunday 17 May 2009

NOTE: THE WEBSITE IS BEING UPDATED

ICBG Holds Board Meeting in Erbil

November 24, 2007

Sunday 17 May 2009

ICBG Holds Board Meeting in Erbil November 24, 2007. ICBG held its monthly board meeting in Erbil. The board approved the minutes of its last meeting, reviewed and approved several loan applications. The board also reviewed staff evaluation forms, (...)

ICBG Holds Board Meeting in Amman

October, 20, 2007

Sunday 17 May 2009

ICBG Holds Board Meeting in Amman October, 20, 2007. ICBG held its monthly board meeting in Amman. The meeting was attended by the board members, representatives of USAID and the Izdihar Project and ICBG senior staff. The directors reviewed and (...)

ICBG Holds a Major Training Workshop

Sunday 13 July 2008

The ICBG, supported by the Tijara program, organized a major training workshop in Erbil on 15 June 2008. The workshop was attended by 30 trainees from 10 banks. The trainers came from Banking Solutions International. The training covered several (...)

ICBG Signs Agreement with DAI/PRT Wasit

Sunday 13 July 2008

On June 10, 2008, ICBG and DAI signed an agreement to support the SME sector in Wasit governorate. According to the agreement, DAI/PRT Wasit will support the cost of finance to the borrower by buying down 50% of the cost of loan, thus assisting the (...)

ICBG Approves Ten Loan Guarantee Applications

Sunday 6 July 2008

On June 7, 2008, ICBG has approved ten loan guarantee applications submitted by five ICBG Banks. The loans covered several sectors like manufacturing, services, agriculture and trade. The loans value amounted to ID 355 (...)

ICBG - TIJARA Initiate Small Lending Units in Selected ICBG Banks

Wednesday 2 July 2008

ICBG, supported by the USAID-funded Tijara program, has initiated the establishment of specialized SME lending units in selected ICBG Banks. This came as a step to empower the loan officers in these banks and as a part of achieving a long term (...)

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