The significant financial institution of Iraq revealed the fine signs carried out through the bank for the 0.33 sector of 2024 in comparison to the same quarter of 2022 and 2023, stressing that this reflects the fulfillment of the financial policy followed via the financial institution for the duration of 2024.
The central bank of Iraq showed, in a statement obtained by way of {dinaropinions.com} a replica of it, that “the full deposits in banks running in Iraq recorded a growth of (4.2%) inside the third area of 2024, as its value amounted to (127.6) trillion dinars, as compared to its value of (122.4) trillion dinars inside the 0.33 quarter of 2023, in contrast, the cash credit score granted by public banks recorded a increase of (11.6%) inside the 1/3 quarter of 2024, as its cost amounted to (seventy two.7) trillion dinars, as compared to its price of (sixty five.1) trillion dinars inside the 0.33 sector of 2023.
The bank said that deposits in private banks working in Iraq recorded a growth of (14%) within the 1/3 sector of 2024, as their price amounted to (18.7) trillion dinars, as compared to their cost of (sixteen.4) trillion dinars within the third quarter of 2023. In assessment, cash credit score granted with the aid of personal banks performed a growth of (15.1%) inside the 1/3 sector of 2024, as its value amounted to (12.2) trillion dinars, compared to its cost of (10.6) trillion dinars in the 0.33 quarter of 2023, noting that these charges reflect the improved confidence of economic units in non-public banks working in Iraq.
He brought that personal zone deposits in banks running in Iraq recorded a increase of (three%) inside the 1/3 region of 2024, as their cost amounted to (fifty six.1) trillion dinars, as compared to their value of (fifty four.4) trillion dinars inside the 1/3 sector of 2023, indicating that money credit granted to the non-public zone by means of banks running in Iraq executed a increase of (8.6%) in the third quarter of 2024, as its fee amounted to {42} trillion dinars, as compared to its value of (39.4) trillion dinars within the 0.33 sector of 2023, stressing that this boom reflects the multiplied confidence of the personal area in banks operating in Iraq.
The bank discovered that the slim money deliver in Iraq recorded a increase of (four.1%) in the 0.33 region of 2024, as its value reached (158.6) trillion dinars, in comparison to its fee of (152.four) trillion dinars within the 1/3 area of 2023. In evaluation, the vast cash deliver in Iraq recorded a boom of (three.three%) in the third zone of 2024, as its cost reached (179) trillion dinars, compared to its fee of (173.9) trillion dinars in the 0.33 area of 2023.
He introduced that the gold reserves of the valuable bank of Iraq recorded a full-size increase of (57%) in the 0.33 zone of 2024, as their cost reached (sixteen) trillion dinars, compared to their cost of (10.7) trillion dinars within the 0.33 sector of 2023, stressing that the yearly inflation charges in Iraq are most of the lowest annual inflation quotes within the nations of the region for the months of August and September of 2024, because the relaxation of the proportion is appropriate at (three.7%) and (three.1%) respectively, and this displays charge balance and the success of financial policy in Iraq.
