The Iraqi Company for Deposits Guarantee (الشركة العراقية لضمان الودائع) plays a pivotal role in enhancing trust within the banking sector and ensuring financial stability throughout Iraq. Established under the Deposit Guarantee System No. (3) of 2016, the company aims to protect and compensate depositors in the event of bank insolvencies, thereby addressing concerns related to hoarding and financial insecurity.

With a structured organizational model, the company encompasses various departments including Compliance, Internal Audit, Finance and Investment, Risk Management, and Legal Affairs, each contributing to the seamless execution of its mission. The company is a mixed-ownership entity, reflecting a collaborative framework among various stakeholders aimed at fortifying the financial ecosystem. In addition to providing crucial safety nets for depositors, the Iraqi Company for Deposits Guarantee is actively involved in promoting financial inclusivity and supporting regulatory compliance, thereby fostering a more resilient and trustworthy banking environment in Iraq.

As a result, it not only secures individual savings but also contributes to the overall economic stability of the nation