Region Trade Bank For Investment & Finance (RT Bank) started delivering financial services in the Kurdistan Region of Iraq in July 2001 and successfully established its HQ in Erbil in September 2003. RT Bank is licensed by the Central Bank of Iraq (CBI) under their regulations and is listed on the Iraqi Stock Exchange. We are one of the top banks in Iraq, and we have generated an impressive revenue and maintained stable liquidity in the past years. We hold a strong position in the Iraqi Market despite the country’s inflated economy. With our HQ based in the city of Erbil, RT Bank currently has branches in the major cities of Iraq including Baghdad, Sulaimaniyah, Duhok, and Kirkuk. As part of our development project, we plan to expand regionally and open new branches all over Iraq.
In 2017 under new management, RT Bank extensively developed and restructured its Banking Strategy, policy, and services, which resulted in attracting more clients and expanding our business.
RT Bank is licensed to offer a variety of commercial and investment services both to companies and individuals, such as Current and Saving Accounts, Online Banking, Trade Finance (L/G & L/C), Project Financing for SMEs, Salary Domiciliation Services for Companies, and International Transactions via SWIFT to effect outward and inward payments globally in different currencies, including EUR and USD, through our Correspondent Banks. For domestic transactions, we use the RTGS system.
RT Bank continues to increase its volume of business and has reached out to more clients, both local and international, in different sectors such as Oil and Gas, Media, and NGOs as a result of providing comprehensive banking practices and being a trusted bank.
RT Bank consistently provides all necessary training and courses to our staff at all our branches and on a regular basis, and we provide a top-notch 24-hour customer service.
In a developing country like Iraq, despite facing many obstacles, RT Bank has always introduced new products & services, improved banking facilities, and provided great support to our customers. We are a local bank, but our goal is to reach out to the international financial market and maintain our policies and services at International Standards.