Established in 2024 as a private Iraqi joint-stock company with a capital of 250 billion Iraqi Dinars, Arab Bank Iraq is headquartered in Baghdad and plans to expand branches across major Iraqi cities like Basra and Erbil. Arab Bank owns approximately 60% of its capital, with Arab National Bank (20%) and Al-Muhaidib Group (10%) as strategic partners. The remaining 10% was offered to domestic and international investors.