Release date:: 2019/29 15:55
(Baghdad: Euphrates News) revealed an important statistic about banks operating in Iraq valuable information about their work, liquidity, debt and others.
According to statistics, the volume of assets of Iraqi banks to the end of 2018 amounted to 122 trillion dinars and the total number of banks operating in Iraq 70 banks across Iraq.
The ratio of loans to assets was 25.32%, while the ratio of doubtful debts reached 15.68% which is JD 4.88 trillion, the highest percentage of loans during the past nine years.
The ratio of annual returns to banks to total assets decreased by 54% to reach 0.59% of total assets
. At the level of public deposits, the ratio of deposits to total assets was 21.71% compared to 22.84% last year.
The Bank’s liquidity ratio was approximately 54% compared to 45% last year.
The equity ratio decreased to 12.2% from 12.89% last year