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Central Bank: The cash credit ratio increased last year compared to the previous year
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[rtl]Baghdad / NINA / The Central Bank of Iraq announced the percentage of cash credit to the total deposits of the Iraqi banking sector, which amounted to (52%) during 2023, confirming its increase compared to the year 2022 (47%), while in 2021 it was around (55%).
The Central Bank explained, in a statement, that although the increase was recorded, it did not exceed the standard percentage specified by it of (75%), indicating: “This percentage aims to maintain sufficient liquidity in banks to face customer withdrawals and conduct financial banking activities.” "./End 3[/rtl]
The Central Bank explained, in a statement, that although the increase was recorded, it did not exceed the standard percentage specified by it of (75%), indicating: “This percentage aims to maintain sufficient liquidity in banks to face customer withdrawals and conduct financial banking activities.” "./End 3[/rtl]
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