Central Bank of Iraq – Private Banks Classifications as at CAMEL System
Seq. Bank’s Name Evaluation of 2010 Evaluation of 2009
—– ——————- Evaluation / Degree Evaluation / Degree
01 Middle East Bank Excellent / 1C Excellent / 1C
02 Kurdstan International Bank Excellent / 1C Very Good / 2B
03 Cihan Bank Very Good / 2A Good / 3
04 United Bank for Investment Very Good / 2A Very Good / 2C
05 Gulf Commercial Bank Very Good / 2B Very Good / 2C
06 Credit Bank of Iraq Very Good / 2C Very Good / 2C
07 Ashur International Bank Very Good / 2C Good / 3B
08 Alhuda Bank Very Good / 2C Good / 3
09 Regional Cooperative Bank Very Good / 2C Very Good / 2A
10 Erbil Bank Very Good / 2C / *
11 National Islamic Bank Good / 3 / *
12 Babelon Bank Good / 3 Good / 3
13 North Bank Good / 3A Very Good / 2C
14 Mansour Bank Good / 3A Good / 3
15 Investment Bank Good / 3A Good / 3C
16 Elaf Islamic Bank Good / 3A Good / 3B
17 Sumer Commercial Bank Good / 3A Good / 3B
18 Dijla and Furat Bank Good / 3B Very Good / 2C
19 Albilad Islamic bank Good / 3B Very Good / 2C
20 Iraqi Islamic bank Good / 3B Limited / 4B
21 Economic bank Good / 3B Good / 3
22 Dar Essalaam Islamic Bank Good / 3B Good / 3A
23 Mosul Bank Good / 3B Good / 3
24 Baghdad Bank Good / 3C Very Good / 2C
25 Commercial Bank of Iraq Good / 3C Good / 3C
26 National Bank of Iraq Good / 3C Limited / 4
27 Trade bank of Iraq Good / 3C / *
28 Union Bank of Iraq Limited / 4A Good / 3A
29 Trans Iraq bank Limited / 4A Limited / 4A
30 Emerald Bank Limited / 4A / *
* Not available
Descending Evaluation (Excellent, very good, good, Limited, Weak).
Descending Degree (1 – 5).
