18 Days
وكالة بغداد اليوم الاخبارية
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وكالة بغداد اليوم الاخبارية

2026-07-18T17:35:16.000Z

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وكالة بغداد اليوم الاخبارية

Source: وكالة بغداد اليوم الاخبارية

18 Days
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Iraqis Favor Home Safes Over Banks

Iraqis Favor Home Safes Over Banks

The article addresses the issue of declining confidence in the Iraqi banking system due to more than 70% of citizens' funds being kept outside of banks. This situation hinders the stimulation of liquidity and the promotion of investments. Experts emphasize the need for wide-ranging strategic reforms based on improving the banking infrastructure, facilitating financial transactions, and rebuilding public trust. These reforms aim to encourage people to deposit their savings into banks, thereby supporting economic growth, enhancing liquidity management, and working toward modernizing the financial sector and achieving financial stability in Iraq.

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