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[size=36]In the infographic.. How much is the size of deposits in the Iraqi banking sector?[/size]
Economie| 11:11 - 04/07/2022
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Baghdad - Mawazine News
The Association of Iraqi Private Banks announced, on Monday, the increase in the volume of deposits in the banking sector to 98.12 trillion dinars until the end of the year 2021.
The Executive Director of the Association, Ali Tariq, said in a statement received by "Mawazine News", that "the total assets in the banking sector rose By 15.87% during the year 2021, to become 150.4 trillion dinars.
He added, "Deposits in the banking sector increased by 12.65%, as it became during the year 2021 more than 98.1 trillion dinars, while in the year 2020 it was 87.19 trillion dinars," explaining that "the total credit (loans) amounted to more than 53.5 trillion dinars during the year 2021. After it was 51.1 trillion dinars in 2020, it was worth 51.1 trillion dinars.
He pointed out that "the capital of banks amounted to 150.4 trillion dinars during the year 2021, after the banks increased their capital in line with the development in banking services," noting that "the pledge credit amounted during the year 2021 to more than 27.2 trillion dinars."
Tariq noted that "the increase in banking indicators indicates the high confidence between the citizen and the banking sector, due to the strategy of the Central Bank, which worked to develop the sector and increase and diversify services." Ended 29/N33
The Association of Iraqi Private Banks announced, on Monday, the increase in the volume of deposits in the banking sector to 98.12 trillion dinars until the end of the year 2021.
The Executive Director of the Association, Ali Tariq, said in a statement received by "Mawazine News", that "the total assets in the banking sector rose By 15.87% during the year 2021, to become 150.4 trillion dinars.
He added, "Deposits in the banking sector increased by 12.65%, as it became during the year 2021 more than 98.1 trillion dinars, while in the year 2020 it was 87.19 trillion dinars," explaining that "the total credit (loans) amounted to more than 53.5 trillion dinars during the year 2021. After it was 51.1 trillion dinars in 2020, it was worth 51.1 trillion dinars.
He pointed out that "the capital of banks amounted to 150.4 trillion dinars during the year 2021, after the banks increased their capital in line with the development in banking services," noting that "the pledge credit amounted during the year 2021 to more than 27.2 trillion dinars."
Tariq noted that "the increase in banking indicators indicates the high confidence between the citizen and the banking sector, due to the strategy of the Central Bank, which worked to develop the sector and increase and diversify services." Ended 29/N33
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