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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Private banks announce the growth of the banking sector and the increase in the amounts of credit gr

rocky
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Private banks announce the growth of the banking sector and the increase in the amounts of credit gr Empty Private banks announce the growth of the banking sector and the increase in the amounts of credit gr

Post by rocky Wed 05 Oct 2022, 5:03 am

Private banks announce the growth of the banking sector and the increase in the amounts of credit granted to citizens

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Economy News-Baghdad
The Iraqi Private Banks Association revealed the financial statements of the Iraqi banking sector during the first half of this year.
The Executive Director of the Association of Private Banks, Ali Tariq, said in a press statement that the first half of this year witnessed a growth in the banking sector, due to the strategy of the Central Bank that enhanced the public's confidence in the banking sector, in addition to the development initiatives launched to support the national economy.
He added that the rise in financial data is one of the main factors for developing the economy, employing manpower, and increasing the percentage of financial inclusion.
He stressed that the credit granted to the public during the first half amounted to 3.7 trillion dinars, bringing the total credit to 57.3 trillion dinars, with a growth rate of 7% from last year, while deposits increased by 8.3 trillion dinars, bringing the total deposits in the banking sector to 106.4 trillion dinars, with a growth rate of 8%.
He stressed that assets grew during the first half of this year by 9% to reach 164.1 trillion dinars, an increase of 13.7 trillion dinars, noting that the pledge credit amounted to 33 trillion dinars, an increase of 5.8 trillion dinars, which is the highest growth rate in indicators of 21%.


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Added 10/05/2022 - 11:43 AM
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