Central Bank of Iraq: Total credit exceeds 71 billion dinars
Central Bank of Iraq: Total credit exceeds 71 billion dinars
2025-06-10 02:25
Shafaq News/ The Central Bank of Iraq revealed on Tuesday that total credit reached more than 71 billion dinars by the end of March 2025.
The bank said in an official statistic seen by Shafaq News Agency that “total credit at the end of last March of this year amounted to 71 billion and 288 million dinars, a decrease of 2.78% compared to last February, which amounted to 73 billion and 188 million dinars.”
He added that “the credit was distributed between credit provided to the central government amounting to 24 billion and 738 million dinars, credit provided to public institutions amounting to 2 billion and 489 million dinars, and credit provided to the private sector amounting to 44 billion and 61 million dinars.”
Credit is a contractual agreement in which a borrower receives a sum of money or something else of value and undertakes to repay it to the lender later, usually with interest.
shafaq.com
