CBI Confirms 3% of Population Serviced by Banking; Normal Level Should Be 60%
|October 10, 2012||Filled under Iraq Daily News|
Said the Iraqi Central Bank, that about three million Iraqis only are the clients of the banks in the whole country, what constitutes 3 percent of the total population of less significantly from the normal level of 60 percent.
Said deputy central bank governor Mohamed Mazhar Saleh (Center Brief Iraqi Media Network) that “the latest statistics for the number of banking customers amounted to about three million people across the country and this is evidence of weakness banking so accounted for 3 percent of the total population and this percentage came after were added retired after giving them credit cards.”
He added that “in the countries of the world advanced proportion banking customers for people of 20 years about 60 percent of the total population, so there weakness in the banking reality of Iraq.”
And confirms the central bank that Iraq suffers from low per capita banking services to reach an average to one bank per 40 thousand inhabitants, a rate that constitutes a big difference from what exists in neighboring countries.
Related Iraqi Articles-
Iraqi Dinar Investment?
WILL THE IRAQI DINAR BE REVALUED?
Iraqi Dinar: Scam or God-Send?
Central Bank Reveals Details of the Iraqi Currency
Cancellation of “Zeros” from Iraqi Currency Won’t Solve Iraq’s Economic Crisis
Iraqi Dinars: Smart Investment or Smoke and Mirrors?
Iraqi Dinar Revaluation Soon
Iraq Dinar Value Seems Likely To Significantly Increase
The Recent Iraq 2011 Budget May Have Leaked the Coming Currency Revaluation
Buy New Iraqi Dinars and Put Them in a Drawer
Columbus Hooters to Visit Iraq, Kuwa
Iraqi Dinar Trade – What Next After the Revaluation?
The Deletion of Three Zeroes From the Iraqi Currency Is a National Demand
Investing in Iraq- What Investors Have Been Waiting For
Crisis of Fiat Currencies: US Dollar Surpluses Converted Into Gold
Gold Dinar Will End Currency Wars