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In numbers: An increase in Iraqi commercial bank deposits
Time: 08/14/2024 19:14:51 Read: 1,885 times
{Economic: Al-Furat News} An economic expert revealed that Iraqi commercial bank deposits had risen to reach the barrier of 130 trillion dinars.
Manar Al-Obaidi said in a statement, a copy of which was received by {Al-Furat News}, that
“deposits with Iraqi commercial banks rose in June 2024 to reach 129.88 trillion dinars, a high annual growth rate of 3.74% and a monthly growth rate of 1.43%.” He added,
"Current deposits, which represent approximately 80% of deposits, increased with an annual growth rate of 6.68% and a monthly growth rate of 1.67%, reaching 104.55 trillion Iraqi dinars.
As for savings deposits, which represent 12.74% of total deposits, despite the high monthly growth rate of 0.9%."
However, it decreased on an annual basis, with a decrease rate of 4%, bringing its total value to 16.2 trillion dinars.” Al-Obaidi continued,
“As for fixed deposits, which represent 7% of the total deposits, they decreased on a monthly basis by 0.29% and on an annual basis by 11.84%, to reach 9.13 trillion dinars.” He pointed out,
"As for the sources of deposits, private sector deposits occupied the highest percentage, at 43% of the total deposits, with a total value amounting to 55.89 trillion Iraqi dinars, and
they increased on an annual and monthly basis by 2.38% and 1.54%." He noted that
"central government deposits, which represent 34.3% of the total value of deposits, rose by 5.49% on a monthly basis and 10.85% on an annual basis, reaching a total value of 44.63 trillion Iraqi dinars." He explained,
"Deposits of public institutions, which represent 22.6% of the total value of deposits, recorded a decrease in the monthly growth rate of 4.33% and a decrease in the annual growth rate of 3.38%, bringing their total value to 29.36 trillion dinars."
https://alforatnews.iq/news/بالأرقام-ارتفاع-ودائع-المصارف-التجارية-العراقية
Time: 08/14/2024 19:14:51 Read: 1,885 times
{Economic: Al-Furat News} An economic expert revealed that Iraqi commercial bank deposits had risen to reach the barrier of 130 trillion dinars.
Manar Al-Obaidi said in a statement, a copy of which was received by {Al-Furat News}, that
“deposits with Iraqi commercial banks rose in June 2024 to reach 129.88 trillion dinars, a high annual growth rate of 3.74% and a monthly growth rate of 1.43%.” He added,
"Current deposits, which represent approximately 80% of deposits, increased with an annual growth rate of 6.68% and a monthly growth rate of 1.67%, reaching 104.55 trillion Iraqi dinars.
As for savings deposits, which represent 12.74% of total deposits, despite the high monthly growth rate of 0.9%."
However, it decreased on an annual basis, with a decrease rate of 4%, bringing its total value to 16.2 trillion dinars.” Al-Obaidi continued,
“As for fixed deposits, which represent 7% of the total deposits, they decreased on a monthly basis by 0.29% and on an annual basis by 11.84%, to reach 9.13 trillion dinars.” He pointed out,
"As for the sources of deposits, private sector deposits occupied the highest percentage, at 43% of the total deposits, with a total value amounting to 55.89 trillion Iraqi dinars, and
they increased on an annual and monthly basis by 2.38% and 1.54%." He noted that
"central government deposits, which represent 34.3% of the total value of deposits, rose by 5.49% on a monthly basis and 10.85% on an annual basis, reaching a total value of 44.63 trillion Iraqi dinars." He explained,
"Deposits of public institutions, which represent 22.6% of the total value of deposits, recorded a decrease in the monthly growth rate of 4.33% and a decrease in the annual growth rate of 3.38%, bringing their total value to 29.36 trillion dinars."
https://alforatnews.iq/news/بالأرقام-ارتفاع-ودائع-المصارف-التجارية-العراقية
