Overview of the Bank

The bank was established in 1935 as the first state-owned bank. It is an economic unit with administrative and financial independence, subject to Public Companies Law No. (22) of 1997 and Banking Law No. (94) of 2004. Its objective is to contribute to supporting the national economy across various sectors through the practice of comprehensive banking activities.

Official website address of the directorate: https://agbank.gov.iq
 

Key Activities and Achievements for the Years 2020–2025 (for publication on the official website)

1- Supporting and financing agricultural projects through initiatives or the bank’s own resources.

2- Supporting youth by granting loans and advances.

3- Supporting renewable energy initiatives.

4- Launching a mobile application to provide loans via smartphones, enabling citizens working in government departments and institutions to apply for loans electronically.

5- Adopting electronic payment tools to achieve financial inclusion.

6- Rehabilitating the bank’s technical and engineering infrastructure in line with the rapid development of the banking sector.

7- Simplifying banking procedures in accordance with government policies and programs.

Studies and Research

 
A number of research papers have been submitted by the employees of our bank, summarized in the following two documents:

●  Document No. (8/4/191), dated 20/5/2025, on “Activating the Work of the Subcommittee on Combating Violent Extremism Leading to Terrorism”, prepared by:

1- Mr. Atheer Matar Muthri

2- Ms. Zainab Jawad Kazem

3- Mr. Diaa Talib Aoun

●  Document No. (8/4/13485), dated 13/11/2024, on “The Fourth Annual International Scientific Conference”, with a photocopy attached, prepared by Mr. Ali Kareem Hassoun.

Laws, Investments, and Agreements

● Laws governing the bank:

●  Banking Law No. 94 of 2004

●  Cooperative Agricultural Bank Law No. 110 of 1974 (as amended)

●  Companies Law No. (22) of 1997

●  Internal Regulation of the Agricultural Bank No. (4) of 1998

● Investments:

●  Attached is the Investment Statement based on the latest trial balance issued by the bank for July 2025.

● Agreements:

●  Our bank has not concluded any agreement with any party.