International Development Bank Named Official Sponsor of the Iraq Business Summit 2025, Reinforcing Its Role in Supporting the Iraqi Economy

The International Development Bank (IDB) reaffirms its commitment to strengthening Iraqs national economy and financial sector through its active participation as the official sponsor of the inaugural Iraq Business Summit 2025, held in Baghdad, As the main financial and banking sponsor of the event, IDB will highlight key trends in the banking industry, digital transformation, and the crucial role banks play in enhancing the investment climate and driving economic growth in Iraq.

This strategic participation aligns with the Banks vision to advance Iraqs financial ecosystem by fostering banking innovation, accelerating the shift to digital services, and offering a secure and adaptable financial environment that meets global standards, By sponsoring this summit, IDB also underscores the importance of building genuine partnerships that empower the business environment and promote financial inclusion across the country.

Mr. Fadi Al-Faqih, Chief Executive Officer of the International Development Bank, stated in his speech during the Iraq Business Summit،، Our presence at the Iraq Business Summit reflects our continued commitment to supporting the national economy and empowering the banking sector, We believe banks are fundamental partners in driving Iraqs progress, We remain dedicated to advancing modern banking services for individuals and businesses, promoting financial inclusion, and funding projects that contribute to a strong and sustainable economy.

The International Development Bank is among the first Iraqi banks to embrace digital transformation, offering a comprehensive range of smart services, including modern mobile banking applications, e-payment solutions, debit and credit cards, and loan facilities. The bank also supports small and medium-sized enterprises (SMEs) and entrepreneurs through flexible financing programs, demonstrating its commitment to delivering a holistic, secure, and future-ready banking experience.