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Achieving a growth of 31%.. The volume of deposits in the banking sector rises to 20 trillion dinars
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Economy News-Baghdad
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Added 05/27/2023 - 1:47 PM
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Economy News-Baghdad
On Saturday, the director of the banking department at the Central Bank, Qusma Saleh, revealed the indicators of the Iraqi banking sector in 2022.
In a speech during the annual Iraqi banking conference, Salih said, "The number of letters issued through the guarantee letters platform amounted to more than 62,120 letters of guarantee, with a total amount of about (39) trillion dinars, until 5/25/2023."
She added, "Total assets in the banking sector grew by 29%, to achieve 188 trillion dinars in 2022, while cash and pledge credit amounted to 93 trillion dinars, achieving a growth of 13% in the same year."
She pointed out, "The total volume of deposits in 2022 increased by 31% over the past year, to reach 20 trillion dinars."
As for the total property rights, it amounted to "20 trillion dinars, achieving a growth of 3% compared to 2021." according to favor
Earlier in the day, the activities of the annual Iraqi banking conference were launched under the auspices of Prime Minister Muhammad Shia al-Sudani, the support of the Central Bank of Iraq, and the organization of the Iraqi Private Banks Association.
The annual banking conference organized by the Association of Iraqi Private Banks is held with the support of the Central Bank and in the presence of a large number of banking leaders in Iraq in addition to the governors of Arab and foreign central banks and international financial institutions.
Views 67
Added 05/27/2023 - 1:47 PM
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