Bank Pre-Tax Return on Equity (Pre-Tax ROE) rose 25.2% yoy to 26.1% in Iraq in 2Q2024

Bank pre-tax ROE rose 25.2% yoy to 26.1% in Iraq in 2Q2024, according to the National Central Bank. This is 86.3% more than in the previous quarter.

Historically, bank pre-tax ROE in Iraq reached an all time high of 35.6% in 4Q2023 and an all time low of 3.50% in 1Q2019.

Iraq has been ranked 6th within the group of 78 countries we follow in terms of bank pre-tax ROE, 6 places below the position seen 10 years ago.