Sector Intelligence  |  Banking and Financial Services

Iraq's Banking Sector Has a Settlement Problem, Not a Capital Problem

Iraq's broad money stands at 47.87 percent of GDP while domestic credit to the private sector is 13.99 percent. The binding constraint is correspondent access, payment rails and dollar settlement, not balance sheet capacity, and it is now moving.


Loading the analysis...

Live reading for this sector
51.5
Banking and Finance
Ranked 2 of 12 tracked sectors, above the national composite of 44.3. Reading 19 October 2026.
Open the dashboard

This figure updates with the GENQ Sector Vitality Radar. The analysis above was written against the reading on 11 August 2026, so the two may differ.

Read next
Iraq's Construction Pipeline Is an Oil Price Derivative: Only Two of 78 Tracked Projects Are PPPs
Construction and Real Estate