The National Bank reported, on Sunday, an expansion in the volume of credits and advances allowed by Iraqi banks by 12%.
The bank expressed in a proclamation, “The volume of credits and advances conceded by banks working in Iraq added up to (60.8) trillion dinars, at a pace of (17%) in 2023, after it was (51.9) trillion dinars, at a pace of (12%).” %) in 2022, while the credits and advances conceded in 2021 added up to (46.1) trillion dinars, at a pace of (7%).
The bank pushed “the significance of credits and advances, which are among the significant variables in reviving the nearby economy.”
