The significant bank of Iraq announced, the previous day, Sunday, the tremendous indicators executed within the 0.33 region of 2024. A declaration by means of the financial institution, received via “Al-Sabah”, stated that “the full deposits in banks operating in Iraq recorded a increase of (four.2%) within the third area of 2024, as their price amounted to (127.6) trillion dinars, as compared to their value of (122.4) trillion dinars inside the third zone of 2023,
in contrast, the coins credit score granted by public banks recorded a increase of (11.6%) in the third sector of 2024, as its fee amounted to (seventy two.7) trillion dinars, as compared to its value of (sixty five.1) trillion dinars within the third sector of 2023.” The bank added that “deposits in personal banks running in Iraq recorded a increase of (14%) inside the 1/3 quarter of 2024, as their cost amounted to (18.7) trillion dinars, as compared to their fee of (16.4) trillion dinars in the 0.33 quarter of 2023, even as cash credit score granted by way of non-public banks executed a growth of (15.1%) in the 0.33 quarter of 2024, as its value amounted to (12.2) trillion dinars, as compared to its fee of (10.6) trillion dinars in the third area of 2023,” noting that “those charges reflect the increased self assurance of economic devices in personal banks operating in Iraq.” He persisted, “private sector deposits in banks working in Iraq recorded a boom of (three%) in the 1/3 area of 2024, as their value amounted to (fifty six.1) trillion dinars, compared to their value of (54.4) trillion dinars within the 0.33 zone of 2023,” indicating that “coins credit granted to the private zone with the aid of banks working in Iraq done a increase of (8.6%) in the 0.33 quarter of 2024, as its fee amounted to (42.eight) trillion dinars, as compared to its value of (39.four) trillion dinars within the 1/3 area of 2023, stressing that this increase reflects the multiplied confidence of the non-public zone in banks running in Iraq.” The bank discovered, in line with the declaration, that “the slim money deliver in Iraq recorded a boom of (4.1%) inside the third quarter of 2024, as its fee reached (158.6) trillion dinars, as compared to its value of (152.four) trillion dinars inside the third area of 2023, even as the wide money deliver in Iraq recorded a increase of (three.three%) in the 1/3 area of 2024, as its value reached (179.8) trillion dinars, compared to its cost of (173.9) trillion dinars within the 0.33 zone of 2023.” He pointed out that “the gold reserves of the vital financial institution of Iraq recorded a vast growth of (57%) within the 1/3 region of 2024, as their cost amounted to (sixteen.8) trillion dinars, in comparison to their value of (10.7) trillion dinars in the third sector of 2023,” stressing that “the annual inflation charges in Iraq are a few of the lowest annual inflation rates within the international locations of the vicinity for the months of August and September of 2024, because the fee remained applicable at (three.7%) and (three.1%) respectively, and this displays fee stability and the achievement of economic policy in Iraq.”
