High growth rate of bank accounts in Iraq

High growth rate of bank accounts in Iraq

2024-06-03 03:38

High growth rate of bank accounts in IraqShafaq News/ The Central Bank of Iraq announced, on Monday, the high rate of growth of bank accounts over the past years in the country.

The bank explained, in a statement received by Shafaq News Agency, that “the growth rate of bank accounts increased from 2018 to 2019 by 90%, reaching 12,500 million bank accounts.”

He added, “The growth rate of bank accounts reached its peak in 2020 with a growth rate of 90%, reaching 12 million bank accounts, while for the year 2021 it decreased to the lowest level by 10%, reaching 1,500 million bank accounts.”

The Iraqi Central Bank indicated that the growth rate of bank accounts for the year 2022 increased by 30% to reach 4,500 million bank accounts, and it also increased during the year 2023 by 54% to reach the level of 8 million bank accounts.

shafaq.com