Iraqi Islamic Bank profits rise by 246% to reach 76.6 billion dinars during 2023


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Economy News – BaghdadThe Iraqi Islamic Bank achieved a profit of 76.6 billion dinars during the year 2023, which is the highest in its history.According to the bank’s budget, profits grew by 246.6% compared to last year, which reached 22.1 billion dinars.The bank’s assets amounted to 2.2 trillion dinars, a growth rate of 57% compared to the year 2022, which amounted to 1.4 trillion dinars.The bank’s deposits increased by 133%, reaching 1.19 trillion dinars, up from 511.6 billion dinars.The bank’s revenues recorded 132.9 billion dinars during the year 2023, while they were 54.3 billion dinars in the previous year, growing by 144%.

https://economy-news.net/content.php?id=39295

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