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Al Janoub Islamic Bank deposits increased by 140% during the current year
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Economy News - Baghdad
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Added 11/05/2023 - 12:10 PM
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Economy News - Baghdad
Al Janoub Islamic Bank achieved profits of 23.6 billion dinars until the third quarter of this year.
The bank's assets have increased by 104% since the beginning of this year until now, thanks to the increase in cash in the fund, according to the general budget that it submitted to the Iraq Stock Exchange.
The bank's deposits grew by 140% from the beginning of the year until the end of last September, and this is due to the increase in activity in external transfers for companies, especially after the establishment of the external transfer platform by the Central Bank.
During the same period, the bank’s revenues amounted to 66.9 billion dinars, which is less than last year, which amounted to 76.5 billion dinars, while total expenses amounted to 43.2 billion dinars.
The bank's assets have increased by 104% since the beginning of this year until now, thanks to the increase in cash in the fund, according to the general budget that it submitted to the Iraq Stock Exchange.
The bank's deposits grew by 140% from the beginning of the year until the end of last September, and this is due to the increase in activity in external transfers for companies, especially after the establishment of the external transfer platform by the Central Bank.
During the same period, the bank’s revenues amounted to 66.9 billion dinars, which is less than last year, which amounted to 76.5 billion dinars, while total expenses amounted to 43.2 billion dinars.
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Added 11/05/2023 - 12:10 PM
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