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The value of total deposits in Iraqi commercial banks is rising.. An economist reveals this in numbers

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The value of total deposits in Iraqi commercial banks is rising.. An economist reveals this in numbers

Economy     2023-07-30 | 05:52
Source:  Alsumaria News     2,020 views
Alsumaria News - Economy

The value of total deposits in Iraqi commercial banks increased to reach 126.6 trillion Iraqi dinars in May 2023, according to economist Manar Al-Obeidi.

Al-Obaidi said in a tweet, followed by Alsumaria News, that

"the value of total deposits in Iraqi commercial banks rose to reach in May 2023 126.6 trillion Iraqi dinars, an annual increase of 28% and a monthly increase of 2.78%, and

private sector deposits occupied the largest percentage of deposits, with a value of 53.2 trillion." Iraqi dinars, an annual increase of 18.2%, and a monthly decline of 0.7%.

As for central government deposits, they amounted to 43.99 trillion dinars, an annual increase of 51.33%, and a monthly increase of 9.94%.  He added,

"Current deposits occupied the largest percentage of the nature of deposits, with an acquisition rate of 78.8%, amounting to 99.78 trillion dinars of total deposits, with an annual growth rate of 42%, and a monthly growth rate of 3.39%, then

savings deposits, which represented 13.1% of total deposits, with a value of 16.6%." One trillion Iraqi dinars, with an annual growth rate of 4% and a monthly growth rate of 0.6%, and fixed deposits accounted for only 8% of the total deposits.

   The value of total deposits in Iraqi commercial banks increased to reach in May 2023 126.6 trillion Iraqi dinars, an annual increase of 28% and a monthly increase of 2.78%.


https://www.alsumaria.tv/news/economy/463160/قيمة-الودائع-الكلية-في-البنوك-التجارية-العراقية-تر


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