Bank deposits in Iraq declined by 5.6% during the first half of 2026
Economic data issued by the Central Bank of Iraq showed a decline in total deposits in the banking system during the first half of 2026, coinciding with a decrease in cash credit, indicating a continued contraction in banking activity compared to the levels recorded in previous years. DailyNews Subscription
According to data seen by Shafaq News Agency, total deposits at the end of June 2026 amounted to about 104.875 trillion dinars, down from 111.065 trillion dinars at the end of 2025, a decrease of 6.19 trillion dinars, or 5.6%.
Total deposits had recorded 123.327 trillion dinars at the end of 2024, and 133.499 trillion dinars at the end of 2023, showing a continuous downward trend in the volume of bank deposits during recent years.
According to the details, private sector deposits amounted to 49.964 trillion dinars at the end of June 2026, while central government deposits amounted to 31.426 trillion dinars, and public institutions’ deposits amounted to 23.485 trillion dinars.
On the credit side, the data showed a decline in total cash credit to 71.511 trillion dinars at the end of June 2026, compared to 75.584 trillion dinars at the end of 2025, a decrease of 4.073 trillion dinars, or 5.4%.
Credit provided to the private sector amounted to 46.687 trillion dinars by the end of the same period, while credit provided to the central government amounted to 22.419 trillion dinars, and credit provided to public institutions amounted to 2.405 trillion dinars.
Shafaq.com