The banking institution (banks) is the nucleus of every economy and the engine of every economic renaissance. It has taken the greatest and increasing attention from researchers, and the reason for this is due to the essential role it plays in the national economy through its mediation process between lenders (depositors) and borrowers. It contributes to providing the necessary funds and financial services to public and private investment projects as well as the government. Therefore, any financial crisis faced by banks directly affects the national economy. In order to continuously seek to develop the Iraqi commercial banking system, achieve financial safety, develop and deepen the safety of banking work, and introduce modern technologies in banking work to raise banking efficiency, the current structures of the Iraqi private commercial banking system and its institutions must be reviewed to create large, private, qualified and commercial entities which are more efficient in the face of large and rapid developments in the banking system, the financial system, and the modern monetary system, by finding modern methods and methods to confront financial, monetary and banking problems.