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Today, Sunday, the Association of Iraqi
Private Banks announced the statistics on the number of effective bank accounts, while noting that the growth rate during the past year only, compared to the year 2020, amounted to 9.75%.
The Executive Director of the Association, Ali Tariq, said in a press statement followed by the Iraqi News Agency (INA): "The effective bank accounts until the end of last year amounted to 6,696,657 accounts, divided into 2,016,322 current accounts, 3,915,175 savings accounts, 573,205 corporate accounts, and 191,955 fixed deposit account.
He added, "The total growth that was achieved in bank accounts during the years 2017-2021 amounted to 392 percent, and this is due to facilitating the procedures for opening bank accounts by banks, increasing services, and the salary settlement project launched by the Central Bank in coordination with the government, and increasing the number of bank branches." ".
He continued, "During the past 5 years, the highest growth rate was in fixed deposit accounts, due to the gradual increase in confidence in the banking sector and the diversity of banking services," noting that "the savings account ranked second in terms of growth, and then the corporate account and the current account."
Tariq pointed out that "the growth rate during 2021, compared to the next year, amounted to 2%, the current account 22%, the savings account 12%, and the fixed deposit account 3%."
Today, Sunday, the Association of Iraqi
Private Banks announced the statistics on the number of effective bank accounts, while noting that the growth rate during the past year only, compared to the year 2020, amounted to 9.75%.
The Executive Director of the Association, Ali Tariq, said in a press statement followed by the Iraqi News Agency (INA): "The effective bank accounts until the end of last year amounted to 6,696,657 accounts, divided into 2,016,322 current accounts, 3,915,175 savings accounts, 573,205 corporate accounts, and 191,955 fixed deposit account.
He added, "The total growth that was achieved in bank accounts during the years 2017-2021 amounted to 392 percent, and this is due to facilitating the procedures for opening bank accounts by banks, increasing services, and the salary settlement project launched by the Central Bank in coordination with the government, and increasing the number of bank branches." ".
He continued, "During the past 5 years, the highest growth rate was in fixed deposit accounts, due to the gradual increase in confidence in the banking sector and the diversity of banking services," noting that "the savings account ranked second in terms of growth, and then the corporate account and the current account."
Tariq pointed out that "the growth rate during 2021, compared to the next year, amounted to 2%, the current account 22%, the savings account 12%, and the fixed deposit account 3%."
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