The National Bank of Iraq (NBI) was founded in 1995 as a publicly traded, private sector company, offering comprehensive banking services to individuals and businesses in Iraq. As a result of NBI’s success and to fuel future growth, its capital was increased from the initial IQD 400 million to IQD 250 billion (USD 215 million) in December 2013. 

In 2005, Capital Bank Jordan acquired majority shares (61.85%) in NBI, allowing NBI to evolve its business offerings, strengthen its global footprint and promote financial inclusion across the country. 

With its extensive network of correspondent banks, Capital Bank stands as NBI’s gateway to world economies, facilitating internal and external remittances, granting lines of credit, as well as offering trade finance services. 

NBI operates a modern core banking system to support its growth and customer services. Capital Bank and its subsidiaries audit all accounts through Ernst and Young, and report financials in accordance with International Accounting Standards. 

NBI has earned a BB rating by Capital Intelligence, the international credit rating agency. It further received a ‘Good’ rating by the Central Bank of Iraq.

Today, NBI has more than 38 branches in all major cities in Iraq, and a branch in KSA. 

Responsibilities and Duties

• Conduct market research and field surveys to identify business opportunities and target key market segments to support business growth and expansion.
• Analyze market research data and reports received from the direct manager and provide recommendations based on findings and insights.
• Arrange and coordinate meetings with existing and prospective clients to ensure effective communication and facilitate business development opportunities.
• Prepare client proposals and agreements, and follow up on the signing process and required approvals.
• Maintain strong relationships and direct communication with existing clients to enhance customer loyalty and ensure business continuity with the Bank.
• Follow up with clients to understand their needs and provide suitable banking products and services that enhance customer satisfaction.
• Promote and market the Bank’s products and services, including account opening, customer deposits, loans, and digital banking services, while encouraging clients to utilize them.
• Send proposals to clients, follow up on their status, and maintain accurate and organized records of all proposals and communications.
• Conduct field visits to companies and existing clients to promote banking services and strengthen business relationships.
• Carry out field visits to attract new clients and companies and expand the Bank’s customer base.
• Participate in exhibitions, conferences, seminars, and other professional events to promote the Bank’s products and services, in line with the direct manager’s instructions.
• Prepare periodic reports on key performance indicators, achievement rates, and assigned tasks.
• Submit daily reports outlining completed activities, achievements, and ongoing initiatives.
• Achieve assigned sales and business development targets related to banking products and services offered to private sector companies and their employees, as directed by the direct manager.
• Perform any other duties or responsibilities assigned by the direct manager in accordance with business needs and the Bank’s objectives.