The Iraqi Company for Banking Guarantees is a brand that aims to facilitate access to credit sources for small and medium-sized enterprises (SMEs) in Iraq. They do this by providing partial guarantees for loans granted by participating banks. By assuming risks and becoming a partner in private Iraqi banks, the company ensures a growing capacity to support and develop the private sector by increasing the number of guaranteed loans provided to these SMEs.

The company invites all local, Arab, and foreign private banks operating in Iraq to take advantage of their programs. These programs offer benefits such as reducing the credit risk ratio from 100% to 25%, utilizing their borrower's database for inquiries, and ensuring liquidity for banks by compensating defaults in loan repayments.

The loans provided by the company cater to various needs, including short-term loans for working capital, medium-term loans for fixed assets, and long-term housing loans. They also offer different guarantee fees depending on the loan source, with rates ranging from 0.8% to 2% annually.

With plans to introduce more products and services in the future, the Iraqi Company for Banking Guarantees is committed to supporting and reviving national industries and addressing housing issues. For any inquiries, suggestions, or complaints, interested parties can contact them through their email or phone number provided.