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INVESTBANK Signs Strategic Partnership with the National Islamic Bank in Iraq

Monday, December 2, 2024

INVESTBANK, the leader in providing innovative banking solutions in Jordan, has entered into a strategic partnership with the National Islamic Bank (NIB) in Iraq. This collaboration aims to leverage INVESTBANK’s extensive expertise to drive NIB’s growth and strengthen its presence in the Iraqi market.

The agreement was formalized during a signing ceremony at INVESTBANK’s headquarters in Amman, attended by Muntaser Dawwas, CEO of INVESTBANK, and Dr. Aqeel Al Jomaily, Chairman of NIB, alongside senior representatives from both organizations.

Through this partnership, INVESTBANK will deliver a comprehensive suite of consulting and advisory services aimed at elevating NIB’s operational standards in addition to training programs to empower NIB employees and equip them with the skill and knowledge to excel.

Commenting on the partnership, Muntaser Dawwas stated: "We are delighted to partner with the National Islamic Bank in Iraq. By combining our expertise with NIB’s ambitions, we aim to enhance its operations and position it as a leader in the Iraqi financial sector. This partnership reflects our commitment to fostering innovation and growth in the region."

Dr. Aqeel Al Jomaily emphasized the significance of the partnership, adding: "This agreement marks a transformative milestone in our journey to redefine banking excellence in Iraq.  We are confident that INVESTBANK’s wealth of experience will provide us with the tools needed to offer exceptional services to our customers and achieve new heights of success."

This strategic alliance sets a new benchmark within the industry, promising sustainable growth, economic resilience and expanding financial inclusion in the Iraqi banking sector and the whole region.