Rasheed Bank

is the second top state-owned bank in Iraq. Established in 1988 and became a state public company.  The bank is subject to supervision of both the Central Bank of Iraq and Board of Supreme Audit.

Rasheed bank objectives is to support national economy in areas of commercial banking, funds’ investment and provision of finance to various sectors according to development plans and planning resolutions.  The bank has 151 branches all over Iraq.

Nahj Aliraq has been one of the companies assigned by the bank to sell vehicles to Iraqi citizens and government employees by installments.