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Private banks' capital in Iraq increased by 7.3%
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2024-11-11 03:21
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Shafaq News/ The Central Bank of Iraq announced, on Monday, that the capital of private banks increased by 7.3%.
The bank said in a report seen by Shafaq News Agency that it recorded an increase in the total capital of private banks operating in Iraq during the first quarter of this year, by 7.3% to reach 19.2 trillion dinars, compared to 19.7 trillion dinars for the same period last year.
He pointed out that the capital of private banks operating in Iraq increased by 6%, while the capital of government banks increased by 11.1%.
He added that the contribution of private banks' capital amounted to 73.2%, while the contribution of government banks' capital amounted to 26.2%.
The bank explained that deposits in the first quarter of the current year increased by 1.2% to reach 123.7 trillion dinars compared to 122.2 trillion for the same period of the previous year, with current deposits increasing by 3.1% as a result of the increase in current expenditures from wages and salaries of employees in the public sector, while savings deposits decreased by 3%, and fixed deposits decreased by 10%.
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[You must be registered and logged in to see this image.]
2024-11-11 03:21
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Shafaq News/ The Central Bank of Iraq announced, on Monday, that the capital of private banks increased by 7.3%.
The bank said in a report seen by Shafaq News Agency that it recorded an increase in the total capital of private banks operating in Iraq during the first quarter of this year, by 7.3% to reach 19.2 trillion dinars, compared to 19.7 trillion dinars for the same period last year.
He pointed out that the capital of private banks operating in Iraq increased by 6%, while the capital of government banks increased by 11.1%.
He added that the contribution of private banks' capital amounted to 73.2%, while the contribution of government banks' capital amounted to 26.2%.
The bank explained that deposits in the first quarter of the current year increased by 1.2% to reach 123.7 trillion dinars compared to 122.2 trillion for the same period of the previous year, with current deposits increasing by 3.1% as a result of the increase in current expenditures from wages and salaries of employees in the public sector, while savings deposits decreased by 3%, and fixed deposits decreased by 10%.
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