Governance

The Bank will work diligently to implement corporate governance in order to manage its operations in a secure and transparent manner. This is to protect the interests of shareholders, depositors, and all other stakeholders of the Bank. It also ensures the Bank's compliance with relevant laws, instructions, and directives issued by the Central Bank, as well as the Bank's internal policies and systems. It is imperative to implement all provisions of the Corporate Governance Manual for Banks issued by the Central Bank of Iraq, including the formation of permanent committees emanating from the Bank's Board of Directors and temporary committees as needed from among the members of the Board or others. It is also essential to adopt internal control and risk management systems, in addition to the Bank's application of the principles of good governance and the use of modern systems and information security. The Bank is keen on establishing a strong and solid relationship with shareholders and other stakeholders.