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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' capital in Iraq increased by 7.3%

    Rocky
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    Private banks' capital in Iraq increased by 7.3% Empty Private banks' capital in Iraq increased by 7.3%

    Post by Rocky Mon 11 Nov 2024, 6:38 am

    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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