Credit Bank of Iraq achieves a profit of 20.4 billion dinars, 20 OCT

 Economy News – Baghdad

The Iraqi Credit Bank achieved a net profit of 20.4 billion dinars from the beginning of the year until the third quarter.

According to the bank’s financial statements, revenues amounted to 26.4 billion dinars, achieving a growth of 38% during the same period last year of 19.1 billion dinars.

The bank’s assets rose to 524.8 billion dinars, but deposits fell to 137.5 billion dinars from 150.6 billion dinars.

The bank owns a retained profit of 38.7 billion dinars, which has been an accumulation for many years.

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