International Development Bank Participates in the Launch of the “Access to Finance Guide” to Support Entrepreneurs and SMEs

The International Development Bank (IDB), one of the leading private banks in Iraq and a pioneer in supporting development projects and entrepreneurship, participated in the launch ceremony of the “Access to Finance Guide”, announced by the Central Bank of Iraq in cooperation with the Iraqi Private Banks League and the German Agency for International Cooperation (GIZ). The guide aims to empower micro, small, and medium-sized enterprises (MSMEs) by facilitating their access to official sources of financing and helping them grow sustainably.

This participation comes as part of the International Development Bank’s strategy to enhance the business environment in Iraq and provide innovative financial solutions for entrepreneurs and startups, thereby contributing to building a strong private sector capable of playing an active role in economic development.

In this context, Mr. Wissam Al-Aamery, Marketing Director at the International Development Bank, stated:

“Our participation in launching this guide reflects our commitment to supporting entrepreneurs and promising projects by facilitating their access to safe and sustainable financing solutions, away from informal channels. The International Development Bank continuously works on delivering innovative banking products and advanced digital services in line with the Central Bank of Iraq’s objectives to enhance financial inclusion and stimulate the entrepreneurship ecosystem.

This collaboration falls within the International Development Bank’s approach of building strategic partnerships with governmental and international entities and developing financial tools that meet the aspirations of youth and investors, helping them transform their ideas into successful projects that drive economic growth in Iraq.