Central Bank: Half of the banks in Iraq are within the excellent level
Tuesday, 19 April 2022 10:22 PM
Baghdad / National News Center
Today, Tuesday, Deputy Governor of the Central Bank, Ihsan Al-Yasiri, confirmed that there are more than 70 banks, only 7 of which are governmental.
Al-Yasiri said, in a televised program affiliated with the National News Center, that "the government banking sector used to account for 85% of the deposits of institutions and the public, and that there are more than 70 banks, only 7 of which are governmental, and only half of them can be classified within the excellent level."
He added, "One of the functions of the Central Bank is to monitor the banking sector."