At Cihan Bank, we introduce an innovative range of corporate and project finance services that suit our corporate clients and meet their demands. Ready to cover key business segments, we extend our advanced corporate banking services to include Murabaha LC, Murabaha Financing, Musharaqa, and Ijara, all compliant with the principles of Islamic Shariaah.
i. Letter of Credit:
We at Cihan Bank issue Letter of Credits to all around the world. All types of LCs are available in our bank as LC on sight, deferred payment LC, confirmed LCs etc. Our bank also provides Murabaha LC as a facility for its corporate customers. Please do not hesitate to contact us for any further information.
ii. Letter of Guarantees:
Cihan Bank issues all types of LGs (Bid Bond Guarantee, Advance Payment Guarantee, Performance Bond Guarantee, and Counter Guarantee) with the most convenient way to its customers. The bank is fully licensed to issue LGs for all the Ministries in Iraq.
iii. Remittances:
We can do money transfers to all around the world through our Correspondent Banks network by SWIFT. The list of Cihan Bank's correspondent banks is as the following:
Turkey
Kuveytturk Bank
Vakif Bank
Al Baraka Turk Bank
Bank Asya
Aktif Bank
Lebanon
Fransa Bank
First National Bank
Intercontinental Bank of Lebanon
Bank of Beirut
Jordan
Housing Bank of Trade and Finance
Germany
Commerz Bank
Italy
UBAE