Increase in the cash credit ratio of banks operating in Iraq
Increase in the cash credit ratio of banks operating in Iraq
3-4-2025
Al-Maalouma/Baghdad …
The Central Bank of Iraq announced today, Tuesday, an increase in the ratio of total cash credit to total deposits for banks operating in Iraq.
The Central Bank stated in a statement received by /Al-Maalouma/ Agency, that “the credit to deposit ratio is one of the most important indicators used to measure liquidity in banks, as this ratio compares the volume of credit granted by banks compared to their total deposits, as this ratio recorded an increase in the fourth quarter of 2024, reaching (59.3%) after it was (51.9%) in the fourth quarter of 2023.
” He added that “the increase in this ratio indicates that banks are effectively exploiting their customers’ deposits to achieve profits by granting credit. Part of the increase may be due to the increase in bank credit provided to the government and the central bank.”
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