The US Ambassador to Iraq, Alenia Romanski, announced today, Tuesday, that the total deposits held in Iraqi commercial banks have increased by about 37% over the past two years.

The ambassador said in a post on the X platform, “Data from the Central Bank of Iraq indicates that the total deposits held with Iraqi commercial banks increased by about 37% during the past two years, and from 2021 to 2022, the total number of people with a bank account in banks increased.” Local by 31%.

She added, “We have made impressive progress. By working with Iraq on reforms, we are contributing to building confidence in the banking sector, as modern banking services enable us to promote a greater amount of foreign investment and protect funds from financial crimes, theft and loss.”

almutalee.com