The Establishment of the Bank.
The UBI was established under the Certification of Incorporation No.5762 issued by the department of Registrar of Companies in Ministry of Trade in accordance with provisions of Article No. (21) of the Companies Act No.(36) for the year (1983).
• The UBI was granted the Certificate of banking practice in accordance with provisions of the Law of Central Bank of Iraq No. (64) in (1976) and began its banking and investing operations at the beginning of 1995.
• Stages of the Capital increase according to the decisions of the General Committee of United Bank for Investment
• The Capital was increased to (85) Million USD.
• The Capital was increased to (128) Million USD
• The Capital was increasedto (171) million USD
• The Capital was increased to (215) million USD.
• The Capital was increased to (258) million USD.