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Get to know ibdaa microfinance

Ibdaa Microfinance Bank is the first private microfinance bank in Syria, established under Legislative Decree No. 15 of 2007. It was founded through a partnership between the Arab Gulf Programme for Development (AGFUND) and private Syrian investors. The bank's mission is to combat poverty and unemployment by providing sustainable financial services, primarily small loans, to low-income individuals, especially women, enabling them to establish and grow their own income-generating projects. It officially commenced its operations in 2011.

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ibdaa microfinance

Lebanon

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

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CySEC

FSCA

DFSA

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.