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Bank of Baghdad achieves a net profit of 102 billion dinars during the first 9 months of the year 2023
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The Bank of Baghdad achieved a net profit of 102.9 billion dinars until the third quarter of the year 2023, as it ranks first in the banking sector in terms of profits.
The bank's assets amounted to 2.4 trillion dinars, and deposits grew to 1.9 trillion dinars.
In the recent period, the bank has been suffering from problems related to liquidity in the dollar currency, but deposits and revenues have grown very significantly.
The bank invested 566 billion dinars in Iraqi and Lebanese government bonds.
After announcing the financial results for the third quarter, the stock jumped by 1.23% to reach 3.3.
Views 34
Added 11/01/2023 - 4:28 PM
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Bank of Baghdad
Bank of Baghdad
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The Bank of Baghdad achieved a net profit of 102.9 billion dinars until the third quarter of the year 2023, as it ranks first in the banking sector in terms of profits.
The bank's assets amounted to 2.4 trillion dinars, and deposits grew to 1.9 trillion dinars.
In the recent period, the bank has been suffering from problems related to liquidity in the dollar currency, but deposits and revenues have grown very significantly.
The bank invested 566 billion dinars in Iraqi and Lebanese government bonds.
After announcing the financial results for the third quarter, the stock jumped by 1.23% to reach 3.3.
Views 34
Added 11/01/2023 - 4:28 PM
[You must be registered and logged in to see this link.]
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