It is evident that countries with developed financial systems grow at faster rates. Getting the financial system to function more effectively is thus a task for a country to promote continuous economic growth. Our engagement in the Financial Services Industry is directed towards playing a crucial role in financial intermediation between sound and well-developed financial system and economic growth of the country. Despite the banking system being by far the most important part of the financial system in Iraq, it is small compared to MENA region and its operations are inefficient. KA Group’s Investment Bank Project aims to establish a bank with the strength and business expertise that offer a full range of products and services and finance large projects, improving the overall banking climate and helping stimulate the development of the financial infrastructure over time. Development of a reliable financial media is also important in removing waste and inefficiencies in conventional financial practices. Adopting high overseas technologies and systems, we seek to further strengthen the payment system, thereby eliminating resource wastes from use of cash
Payment Gateway Project
Aimed at replacing conventional practice of Cash Usage, our Payment Gateway Service reflects our commitment to providing one of the most advanced digital payment technology to all citizens. KA Group’s Payment Gateway Service is not limited to providing the physical card-reading devices found in retail stores, but also provides payment processing portals found in online stores, thereby allowing merchants to accept online payment for their goods and services. A safe and stable Payment Gateway will allow merchants to start an online business more easily than ever, enable more people to engage in online shopping mall industry, and accelerate the speed and increase the volume of online transactions. And as the culture of digital payment service is well established in the country, we expect to see an evident/clear decrease in the high operational costs on the economy and merchants cash payments bring due to collection, processing, and safeguarding.
Investment Bank Project
Leading the country’s economic growth, and contributing to the prosperity of the country’s population, is where our Investment Bank Project is oriented towards.
Our Banking Services
| Retail Banking | Commercial Banking | Investment Banking | |
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| Customer | General Public | Corporate Customers | Governments, Corporations, Institutional Investors |
| Products and Services |
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