Commercial Services

Home | Commercial Services

Commercial Services

Ashur International Bank for Investment gives special attention to the corporate and Business banking services and products. We have been able to provide our clients with a variety of financial options, ranging from the traditional commercial lending up to providing systemized facilities.

Letters of Credit

Our long banking experience has placed us at the forefront of banks operating in Iraq to enhance internal and external trade activity by providing various services for opening documentary credits, and through a specialized team of qualified employees in this field, starting with providing advice to customers to carry out import and export operations in a professional manner to ensure the safety of the goods. Imported products and their compliance with the specifications and conditions set by its customers

Ashur International Investment Bank provides its services to facilitate commercial transactions for its clients through indirect credit in the form of documentary credits, as it carries out all operations and activities related to them through its connection to wide international relations through a network of reputable local and foreign correspondent banks.

Features of Documentary Credits :

  • A specialized team of qualified employees to provide advice and ensure customer rights.

  • Ease and speed in executing letters of credit.

  • Notification of credits through a network of distinguished and reputable correspondent banks at the international level.

  • Financing for all legally permitted goods in foreign currency.

Beneficiaries of Letters of Credit Service:

  • All local institutions and private sector companies registered with the Companies Registration Department at the Iraqi Ministry of Trade.

  • Branches of foreign companies registered with the Companies Registration Department at the Iraqi Ministry of Trade.

  • All types of investment projects licensed by investment authorities.

  • Scientific offices licensed by the Pharmacists Syndicate.

Bank Guarantees

Assyria International Bank is considered one of the most important banks supporting the commercial sector at the present time, as it provides its services to facilitate the implementation of commercial activities for its clients, as the banking products provided by the facilities departments at Assyria International Bank are distinguished by their diversity and comprehensiveness. Among these services is the service of issuing letters of guarantee of all types (letters of entry). Bids, letters of good performance, letters of maintenance guarantee, letters of customs guarantee, shipping guarantees, payment guarantees).

Advantages of Issuing Bank Guarantees through Our Bank:

  • Offering competitive banking commission rates.

  • Issuing guarantees through the electronic platform according to the instructions of the Central Bank of Iraq.

  • Ease and speed in completing guarantee transactions through a specialized team of qualified employees.

  • Issuance of all types of bank guarantees to meet customer needs

Beneficiaries of Bank Guarantee Service:

  • All local institutions and private sector companies registered with the Companies Registration Department at the Iraqi Ministry of Trade.
  • Individual traders, contractors, and investors.

         Terms and conditions apply

         Suggestions and Complaints

        07835987552

        07835987551

        07809156080