More than 126 trillion dinars.. The increase in the value of deposits in Iraqi commercial banks
More than 126 trillion dinars.. The increase in the value of deposits in Iraqi commercial banks
2023-07-30 02:21
Shafaq News/ The value of total deposits in Iraqi commercial banks increased to more than 126 billion dinars in May 2023, according to what was announced by the “Iraq Future” Foundation for Economic Studies and Consultations, today, Sunday.
The Foundation said in a report published today that this value recorded an annual increase of 28%, with a monthly increase of 2.78%.
The report added that 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%. .
Commercial 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, an annual growth rate of 42%, and a monthly growth rate of 3.39%, then savings deposits, which represented 13.1% of the total deposits, with a value of 16.6 trillion Iraqi dinars. With an annual growth rate of 4% and a monthly growth rate of 0.6%, fixed deposits accounted for only 8% of the total deposits.
shafaq.com
