--- title: "Iraq: financial institutions, SWIFT/BIC codes and licences | Elucidate" description: "78 institutions in Iraq (as at 23 September 2026): 78 hold a SWIFT/BIC code and 0 do not. Country sanctions: targeted listings only." url: https://elucidate.co/directory/country/iq --- 1. [Directory](https://elucidate.co/directory) 2. [Countries](https://elucidate.co/directory/country) 3. Iraq Country · Middle East & North Africa # Iraq Check who the institutions in Iraq are: whether each holds a BIC, which register lists it and whether an LEI is mapped. No tracked register covers Iraq, so every institution listed here holds a BIC. 78 Institutions Active · inactive not published 78 Hold a BIC 100% of institutions — On a tracked register Not covered by a tracked register 28 LEI mapped 36% of institutions Targeted Country sanctions Targeted listings only ### Iraq at a glance Every row is the same 78 institutions, split by one attribute Type - Financial institution 77 · 99% - Credit institution 1 · 1.3% Identification - [BIC only](https://elucidate.co/directory/search?source=bic,noregister&cc=IQ) 78 · 100% Regulation level - [Prudential licence](https://elucidate.co/directory/search?reg=prudential&cc=IQ) 1 · 1.3% - [Not on a tracked register](https://elucidate.co/directory/search?reg=none&cc=IQ) 77 · 99% LEI - LEI mapped 28 · 36% - No LEI mapped 50 · 64% View as table | Attribute | Institutions | Share | | --- | --- | --- | | Type | | Financial institution | 77 | 99% | | Credit institution | 1 | 1.3% | | Identification | | BIC only | 78 | 100% | | Regulation level | | Prudential licence | 1 | 1.3% | | Not on a tracked register | 77 | 99% | | LEI | | LEI mapped | 28 | 36% | | No LEI mapped | 50 | 64% | An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. BIC data as at 23 September 2026 [Country programmes: targeted listings only](https://elucidate.co/directory/country/iq#sanctions) [Institutions](https://elucidate.co/directory/country/iq#institutions) [Sanctions](https://elucidate.co/directory/country/iq#sanctions) [Regulation](https://elucidate.co/directory/country/iq#registers) [Groups](https://elucidate.co/directory/country/iq#groups) [Payments](https://elucidate.co/directory/country/iq#payments) [BIC codes](https://elucidate.co/directory/country/iq#bics) ## Institutions in Iraq The first 25 of 78 institutions in Iraq, with or without a BIC: prudentially supervised and larger institutions first. - [Standard Chartered Bank BIC SCBLIQBD Credit institution Prudential licence Iraq · On the FSB G-SIB list · LEI RILFO74KP1CM8P6PCT96](https://elucidate.co/directory/standard-chartered-bank-scbliqbd) - [Commercial Islamic Bank of Iraq BIC AUBBIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/commercial-islamic-bank-of-iraq-aubbiqba) - [Kurdistan International Bank For Investment and Development BIC KIBIIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/kurdistan-international-bank-for-investment-and-development-kibiiqba) - [Byblos Bank SAL Arbil Branch BIC BYBAIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · LEI 549300K8PLPY0Y3RE011](https://elucidate.co/directory/byblos-bank-sal-arbil-branch-bybaiqba) - [Bankmed SAL, Iraq BIC MEDLIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · LEI 21380033UO9CD6G1C848](https://elucidate.co/directory/bankmed-sal-iraq-medliqba) - [Economy Bank For Investment and Finance BIC ECOVIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · LEI 25490080FCCI6EWCDR23](https://elucidate.co/directory/economy-bank-for-investment-and-finance-ecoviqba) - [Turkiye Cumhuriyeti Ziraat Bankasi A.S. BIC TCZBIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · LEI 213800K5KTZFSUS8MR51](https://elucidate.co/directory/turkiye-cumhuriyeti-ziraat-bankasi-a-s-tczbiqba) - [Abu Dhabi Islamic Bank BIC ABDIIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · LEI 5493006DOLY8O98XHD74](https://elucidate.co/directory/abu-dhabi-islamic-bank-abdiiqba) - [Al Arabiya Islamic Bank BIC ARLMIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-arabiya-islamic-bank-arlmiqba) - [Al Baraka Turk Katilim Bankasi A.S. BIC BTFHIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · LEI 789000EJPSW14F8KVG81](https://elucidate.co/directory/al-baraka-turk-katilim-bankasi-a-s-btfhiqba) - [Al Iraq Noor Islamic Bank For Investment and Finance BIC SBIBIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-iraq-noor-islamic-bank-for-investment-and-finance-sbibiqba) - [Al Karmal Stock Exchange LTD BIC KARMIQB1 Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-karmal-stock-exchange-ltd-karmiqb1) - [Al Mal Islamic Bank For Investment BIC URIBIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-mal-islamic-bank-for-investment-uribiqba) - [Al Mansour Bank For Investment BIC MBIVIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-mansour-bank-for-investment-mbiviqba) - [Al Mustashar Islamic Bank For Investment and Finance BIC MIBIIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-mustashar-islamic-bank-for-investment-and-finance-mibiiqba) - [Al Nasik Islamic Bank For Investment and Finance BIC NIIFIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-nasik-islamic-bank-for-investment-and-finance-niifiqba) - [Al Nibal Al Arabya For Money Transfer BIC ANATIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-nibal-al-arabya-for-money-transfer-anatiqba) - [Al Rafidain Bank BIC RAFBIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-rafidain-bank-rafbiqba) - [Al Rajih Islamic Bank For Finance and Investment BIC RJHBIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-rajih-islamic-bank-for-finance-and-investment-rjhbiqba) - [Al Sanam Islamic Bank P.S.C. BIC AMLDIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-sanam-islamic-bank-p-s-c-amldiqba) - [Al- Anssari Islamic Investment and Finance PSC BIC AAIBIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-anssari-islamic-investment-and-finance-psc-aaibiqba) - [Al- Qabidh Islamic Bank CO. For Finance and Investment BIC BMMCIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-qabidh-islamic-bank-co-for-finance-and-investment-bmmciqba) - [Al- Qurtas Islamic Bank For Investment and Finance BIC AQSBIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-qurtas-islamic-bank-for-investment-and-finance-aqsbiqba) - [Al- Taif Islamic Bank For Investment and Finance BIC AINIIQBA Financial institution Not on a tracked register Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-taif-islamic-bank-for-investment-and-finance-ainiiqba) - [Al-Bilad Islamic Bank For Investment and Finance BIC AIIFIQB1 Financial institution Not on a tracked register OFAC SDN · Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-bilad-islamic-bank-for-investment-and-finance-aiifiqb1) [See all 78 institutions in Iraq →](https://elucidate.co/directory/search?cc=IQ) ## Sanctions The OFAC or EU lists cite 2 institutions in Iraq by BIC or LEI, as at 23 September 2026. Listings are matched on the BIC and its LEI, so they cover the 78 institutions here that hold a BIC. Country programmes name Iraq; Elucidate grades them as targeted listings only. ### Listed institutions Institutions whose BIC or LEI an OFAC or EU listing cites - [Al-Bilad Islamic Bank For Investment and Finance BIC AIIFIQB1 Financial institution Not on a tracked register OFAC SDN · Iraq · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-bilad-islamic-bank-for-investment-and-finance-aiifiqb1#sanctions) - [Bank Melli Iran-Iraq Branch BIC MELIIQB1 Financial institution Not on a tracked register OFAC SDN · Iraq · Not on a tracked register · LEI 549300DK3GGPVDIPPV39](https://elucidate.co/directory/bank-melli-iran-iraq-branch-meliiqb1#sanctions) [See all 2 listed institutions →](https://elucidate.co/directory/search?cc=IQ&flag=sanctioned) ### OFAC programmes naming Iraq Entries on the OFAC lists under each programme, all entry types, published 23 September 2026 - Iraq (former regime)IRAQ2155 - Iraq (EO 13438)IRAQ313 Level: Targeted listings only (graded by Elucidate). A programme lists individuals, entities, vessels and aircraft; its count is not a count of institutions. ### EU regimes naming Iraq Entries on the EU consolidated list under each regime, generated 22 September 2026 - Iraq IRQ 76 Level: Targeted listings only (graded by Elucidate). ## Regulation and supervision None of the 22 tracked registers covers Iraq. All 78 institutions listed here hold a BIC; firms licensed only by Iraq’s national authorities are not listed. By regulation level: 1 prudentially supervised, 77 not on a tracked register. ## Groups and systemic importance Institutions in Iraq belong to 1 group on the FSB’s 2025 list of global systemically important banks (G-SIBs). GLEIF records the head office of 1 corporate group in the directory here. For 2 institutions here, GLEIF records a parent in another country. ### G-SIB groups FSB 2025 list; institutions here that hold a BIC, by group | Group | Bucket | Institutions here | | --- | --- | --- | | [Standard Chartered](https://elucidate.co/directory/group/U4LOSYZ7YG4W3S5F2G91) | 1 | 1 | [See 1 institution in a G-SIB group →](https://elucidate.co/directory/search?cc=IQ&flag=gsib) ### Largest other groups GLEIF consolidation groups, by legal entities (LEIs) in this country | Group | LEIs here | LEIs in the group | | --- | --- | --- | | [Bankmed S.A.L](https://elucidate.co/directory/group/21380033UO9CD6G1C848) | 1 | 2 | | [Türkiye Cumhuriyeti Ziraat Bankasi Anonim Şirketi](https://elucidate.co/directory/group/213800K5KTZFSUS8MR51) | 1 | 10 | | [Arab Banking Corporation B S C](https://elucidate.co/directory/group/213800NCSKH968YFDB88) | 1 | 4 | | [National Bank of Iraq](https://elucidate.co/directory/group/254900FJSRWZPDBJGT87) | 1 | 2 | | [Al Baraka Group B.S.C](https://elucidate.co/directory/group/549300Q3SVMKOB8NBS80) | 1 | 6 | ### Groups headquartered here Largest of 1, by legal entities in the directory | Group | LEIs in the directory | | --- | --- | | [National Bank of Iraq](https://elucidate.co/directory/group/254900FJSRWZPDBJGT87) | 2 | [See all corporate groups →](https://elucidate.co/directory/group) ### Parents abroad Institutions here by the country of their GLEIF ultimate parent (else direct parent) - [Bahrain1](https://elucidate.co/directory/country/bh "Bahrain: 1") - [United Kingdom1](https://elucidate.co/directory/country/gb "United Kingdom: 1") GLEIF parents are accounting-consolidation relationships. They do not show ownership shares or control. ## Payments and connectivity Of the 78 institutions in Iraq that hold a BIC, 87.2% are connected to Swift and 6 are Swift GPI members, as at 23 September 2026. ### Connection to Swift Institutions that hold a BIC, by connection type in Swift’s directory - Connected to Swift68 · 87.2% - Reverse billing0 · 0% - Passive participant (no connection)10 · 12.8% A BIC does not imply a connection to the Swift network. ### Payment schemes Institutions that hold a BIC, reachable in each scheme - **Swift GPI members:** 6 institutions - **Swift GPI members, live:** 2 institutions [See all 6 Swift GPI members →](https://elucidate.co/directory/search?cc=IQ&flag=gpi) ## All BIC codes in Iraq Look up any of the 99 BIC codes registered in Iraq: the head offices and branch codes of the 78 institutions here that hold a BIC, with their LEIs and flags. [Download the list (JSON)](https://elucidate.co/data/banks/countries/IQ.json) ### Where branch codes cluster Branch codes by city, top 5 - Baghdad13 - Arbil3 - Basrah2 - Sulayminya2 - Duhok1 ## Other countries in Middle East & North Africa The directory has pages for 20 other countries and territories in Middle East & North Africa. [Algeria](https://elucidate.co/directory/country/dz) [Bahrain](https://elucidate.co/directory/country/bh) [Djibouti](https://elucidate.co/directory/country/dj) [Egypt](https://elucidate.co/directory/country/eg) [Iran](https://elucidate.co/directory/country/ir) [Israel](https://elucidate.co/directory/country/il) [Jordan](https://elucidate.co/directory/country/jo) [Kuwait](https://elucidate.co/directory/country/kw) [Lebanon](https://elucidate.co/directory/country/lb) [Libya](https://elucidate.co/directory/country/ly) [Malta](https://elucidate.co/directory/country/mt) [Morocco](https://elucidate.co/directory/country/ma) [Oman](https://elucidate.co/directory/country/om) [Palestinian Territories](https://elucidate.co/directory/country/ps) [Qatar](https://elucidate.co/directory/country/qa) [Saudi Arabia](https://elucidate.co/directory/country/sa) [Syria](https://elucidate.co/directory/country/sy) [Tunisia](https://elucidate.co/directory/country/tn) [United Arab Emirates](https://elucidate.co/directory/country/ae) [Yemen](https://elucidate.co/directory/country/ye) Sources & method Each institution counts once, in one country: the BIC country when it holds a BIC, otherwise the country of the register that lists it. Licences in other countries are shown on its page. Sanctions listings are matched on the BIC and on the LEI mapped to it, so they cover institutions that hold a BIC only. Institutions without a BIC are not screened. Always screen against the official lists. [Read the methodology →](https://elucidate.co/directory/methodology) Sources for this page - **Swift ISO 9362 BIC directory**—institutions and branch codes, mapped to LEIs through the Swift and GLEIF BIC-to-LEI relationship file. As at 23 September 2026 - **OFAC SDN and consolidated lists**—US Treasury · [source ↗](https://ofac.treasury.gov/sanctions-list-service) published 23 September 2026 - **EU consolidated financial sanctions list**—European Commission generated 22 September 2026 - **FSB 2025 list of global systemically important banks** · [FSB ↗](https://www.fsb.org/2025/11/2025-list-of-global-systemically-important-banks-g-sibs/) published 27 November 2025 - **GLEIF relationship records (Level 2)**—accounting consolidation as reported to GLEIF · [about Level 2 data ↗](https://www.gleif.org/en/lei-data/access-and-use-lei-data/level-2-data-who-owns-whom) as at 25 September 2026 ## Assess the financial crime risk behind a counterparty A BIC or a licence identifies an entity; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment firms. [Read about the FinCrime Index](https://elucidate.co/ratings). [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.