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Bank of Baghdad achieves a net profit of 102 billion dinars during the first 9 months of the year 20

Rocky

Rocky: Admin Assist; Posts : 281327
Join date : 2012-12-21

Post n°1

Bank of Baghdad achieves a net profit of 102 billion dinars during the first 9 months of the year 20

by Rocky Wed 01 Nov 2023, 9:10 am

Bank of Baghdad achieves a net profit of 102 billion dinars during the first 9 months of the year 2023

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Bank of Baghdad

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The Bank of Baghdad achieved a net profit of 102.9 billion dinars until the third quarter of the year 2023, as it ranks first in the banking sector in terms of profits.
The bank's assets amounted to 2.4 trillion dinars, and deposits grew to 1.9 trillion dinars.
In the recent period, the bank has been suffering from problems related to liquidity in the dollar currency, but deposits and revenues have grown very significantly.
The bank invested 566 billion dinars in Iraqi and Lebanese government bonds.
After announcing the financial results for the third quarter, the stock jumped by 1.23% to reach 3.3.

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Added 11/01/2023 - 4:28 PM
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Bank of Baghdad achieves a net profit of 102 billion dinars during the first 9 months of the year 20

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