The Central Bank of Iraq announces an increase in the volume of loans and advances during 2023

Shafaq News / The Central Bank of Iraq announced, on Sunday, an increase in the volume of loans and advances granted by banks operating in Iraq.

The Central Bank of Iraq confirmed in a statement today that the volume of loans and advances granted by banks operating in Iraq amounted to (60.8) trillion dinars, at a rate of (17%) in 2023, after it was (51.9) trillion dinars, at a rate that reached ( 12%) in 2022, while the loans and advances granted in 2021 amounted to (46.1) trillion dinars, at a rate of (7%).

The Central Bank of Iraq noted the importance of loans and advances, which are important factors in stimulating the local economy.

Shafaq.com