Chairman of the Board
On behalf of the Board of Directors and in my personal capacity, it gives me great pleasure to welcome you and to announce the official opening of Extedad Bank for Investment and Finance under its new management.
The time has come to support and strengthen the “real economy” by empowering companies and individuals to access financial solutions that make a tangible difference in their lives. We firmly believe that if our bank can contribute to improving the living standards of individuals, it will, in turn, support the growth of the country as a whole.
This belief is one of the key reasons that motivated us, the new shareholders, to venture into the banking sector. We see numerous opportunities in the future to support a free economy and to ensure a brighter future for coming generations. This is our core role and a significant responsibility that we fully acknowledge. We understand the great efforts required to live up to this responsibility, and we are committed to achieving our goals through integrity, honesty, accountability, and genuine respect for the ethics and principles of the profession.
We aim to become a financial institution that people can truly trust. The values we have embraced at the outset of this journey include:
Commitment, Trust, Service Excellence, Customer Care, Transparency, and Open, Honest Communication.
These principles will help us earn the confidence and peace of mind of our clients and shareholders. We are also dedicated to developing our human resources and fostering a spirit of teamwork.
Customer satisfaction is a top priority at Extedad Bank, and we are committed to ensuring that our clients always have access to the best services and valuable products. To that end, we offer a wide range of financial services and products tailored to both individuals and institutions.
Significant resources and efforts have been dedicated to restructuring and modernizing the bank’s management in order to deliver high-quality services.
We strive to support Iraqi enterprises, especially small and medium-sized businesses, which form the backbone of any economy. By providing outstanding financial solutions and helping them grow, we aim to create job opportunities and a healthy environment for businesses to thrive.
We are fully aware that the coming period will be filled with economic, political, and social challenges. However, we are confident that we possess the necessary tools to overcome these challenges — through our human resources, our strong financial position, and the invaluable support provided by the Central Bank of Iraq.
