Iraq's private sector share of bank credit reaches 65 percent as lending and deposits fall for a third month

According to official Central Bank of Iraq figures reported by Shafaq News on Thursday, August 6, 2026 (15 Mordad 1405), the private sector held close to 65 percent of all outstanding bank credit in Iraq at the end of May 2026. Of the 73.173 trillion dinars in cash credit outstanding, 47.329 trillion dinars belonged to the private sector, 23.420 trillion to the central government, and 2.424 trillion to public institutions. Total cash credit fell for a third consecutive month, sliding from 73.832 trillion dinars in March to 73.637 trillion in April and 73.173 trillion in May. Deposits followed the same downward path over the period, easing from 105.090 trillion dinars to 104.296 trillion dinars, with the private sector holding the largest single block at 49.615 trillion dinars, about 47.6 percent of the total.