The Development of Banking Services and their Role In Enhancing the Volume of Credit Granted to The Private Sector in Iraq for the Period (2017-2022(
DOI:
https://doi.org/10.33095/y9gh7561Keywords:
Banking Services, Bank Credit, Private Sector.Abstract
The advanced banking system serves as a vital cornerstone for economic growth due to the crucial services it provides to the economy. These services include mobilizing local savings through deposits, providing loans, monitoring project owners who borrow from banks, risk management, facilitating financial transactions, and more. The researcher utilizes banking service indicators (such as the ATM and POS penetration) and indicators of private sector credit (like the ratio of private sector credit to Gross Domestic Product) to examine the relationship between banking services and the volume of credit provided to the private sector in Iraq. The study aims to understand the evolution of banking services and their role in enhancing private-sector credit in Iraq. The study reveals that technological advancements, including the proliferation of ATMs, the facilitation of electronic withdrawal and deposit operations, and training bank employees in the use of communication and computer technology through research and development centers, are vital in keeping up with the transformations and developments in the modern banking industry.
Paper: Research paper
Downloads
References
References:
Ackan .C, Acquah. A. (2012). "Which Households use Which Financial services ". Evidence from Ghana of statistical, social and Economic Research University of Ghana.
Adli, S. (2005). "An Introduction to Monetary and Banking Economics" Aleppo Legal Publications, Lebanon.
Al-Bakri, T. Y. (2021). "Banking Services Marketing. First Edition”. Manhaj Publishing and Distribution House, lraq Baghdad.
Al-Barzangi, A. M. and Al-Shammari, M. (2019)." Banking Marketing. First Edition". Al-Manhaj Publishing and Distribution, lraq Baghdad.
Al-Khazraji, T. A. and Maallah, Z. H. (2019). "The Impact of Electronic Payment Systems on Monetary Policy Efficiency". Journal of Economic and Administrative Sciences, Vol. 25, No.
, pp. 234-249.
Al-Lami, H. A. (2018). "Lectures in Banking Marketing". University of Baghdad College of Administration and Economics.
Al-Mansour, H. H. (2008). "Marketing of Banking Services. Fourth Edition" Wael Publishing and Distribution House, Oman.
Al-Mousawi, S. A. (2016). "The Philosophical Dimension of Credit and Its Impact on Banking Investment An Analytical Study of a Sample of Iraqi “. Commercial Banks. Journal of the College of Management and Economics for Economic, Administrative, and Financial Studies, Vol. 8, No. 1, pp. 51-74.
Al-Nuaimi, A. T. (2010). "Comprehensive Credit Management”. First Edition, Dar Al-Maseera for Publishing and Distribution, Oman.
Al-Zubaidi, H. M. (2002). "Banking Credit Management and Credit Analysis”. First Edition, Al-Waraq Publishing and Distribution Foundation, Oman.
Berkoh, Deborah Ba (2019). "Digital financial services-A In-clusion Enabler”. A case study of zenith Bank Ghana limited (Msc Dis-sertation, University of Ghana).
Bigirimana, M., Hongyi, X. (2018). "Research on Relationship between Financial Inclusion and Economic Growth of Rwanda". Evidence from Commercial Banks with Ardl Approach, International Journal of Innovation and Economic Development, Vol .4, No.1. pp. 130-146.
Bigu, g. (2016). "Financial inclusion of the small and marginal farmers by the banking sector in kerala. Doctor of philosophy thesis". school of management studies, Cochin University science and Technology, kerala.
Central Bank of Iraq (2023). Electronic Point of Sale (POS) - Annual Report.
Central Bank of Iraq, Financial Payments Department, for the years 2017-2022.
Central Bank of Iraq, Research and Statistics Department, Annual Reports 2004-2022.
Darrat, A.F. (1999). "Are Financial Deepening and Economic Growth Causally Related ". Another Look at the Evidence, International Economic Journal.
Dawood, S. S. and Majbil, R. A. (2021). "Banking Security and Its Role in Increasing Banking Credit in Iraq" Tikrit Journal of Administrative and Economic Sciences, Vol. 17, No. 154, pp. 160-177.
Dkhil, K. A. (2019). "Measuring Banking Credit Risks and Their Role in Predicting Financial Distress of Iraqi Banks An Applied Study of a Sample of Iraqi Banks". Al-Muthanna Journal of Administrative and Economic Sciences, Vol. 9, No. 2, pp. 237-250.
Dr. Ali, H. (2021). "Contemporary Banking Information Systems and Case Studies". First Edition, University of Baghdad, College of Administration and Economics, Amjad Publishing and Distribution House.
Dr. Gh., A. (2021). "Banking Services". Publications of the Virtual University of Syria.
Escwa (Economic and Social Commission for Western Asia). (2005). "Economic Trends and impacts" Banking sector Lending Behavior and Efficiency in Selected Escwa Member Countries Issue, N3, United Nations, New York.
Funso, Kolapo, et.al., (2012). "Creedit Risk and Commercial Banks performance in Nigeria". A panel Model Approach, Australian Journal of Business and Management Research, Vol. 2, No .2, pp.
Haddana, A., Ben Aichi, J. (2021). "The Role of Banking Reforms in Modernizing Banking Services". A Case Study of the Algerian Popular Credit Bank (CPA) during the Period 2000-2020. Journal of Financial Economics, Banking, and Business Management, Vol. 10, No. 2, pp. 225-245.
Hamoud, N. M. (2022). "The Impact of Banking Credit on Economic Growth". University of Mosul.
Ibrahim, Q. A. (2023). "The Role of Diversifying Banking Services in the Profitability of Commercial Banks". Journal of Management and Economics, Vol. 1-9, No. 139, pp. 238-250.
Khlaif, A. H. (2011). "Measuring the Impact of Banking System Development on Economic Growth in Iraq”. Journal of Economic and Administrative Sciences, Vol. 7, No. 64, pp. 179-194.
Khlaif, A. H. and Rashid, A. M. (2017). "The Role of Private Commercial Banks in Increasing Financial Depth in Iraq". College of Management and Economics, University of Baghdad, Vol.23, No.100, pp. 334-355.
Kortler et B. Dubois, (2006)." Markeing management”. dunod, paris.
Mahfouz, Z. R. (2003). "Contemporary Trends in Bank Management Quality" Wael Publishing and Distribution House, Jordan.
Manahi, A. M. (2020). "The Role of the Central Bank of Iraq in Achieving Financial Inclusion”. Al-Israa Journal of Social and Humanities Sciences, Vol. 2, No. 2, pp. 33-68.
Matitah, Mansoor, et.al., (2012). "Factoes Affecting the Usage Level of Financial Analysis by Credit Officers in The Credit Decision in Libyan Commercial Banks International". Journal of Business and Social Science Vol .3, No.10, pp.
Ministry of Planning in Iraq, Research and Statistics Center, for the years 2004-2022.
Rashem, M.H. and Abdullah, Y.A., 2018. Factors influence the growth and penetration of microfinance institutions: a case of Egypt. Academy of Accounting and Financial Studies Journal, 22, pp.1-7.
Mohammad. K, Mohammed. A, (2022). "The Impact of Political Stability and Macroeconomic Variables on Foreign Direct Investment in Turkey " .part of the Lecture Notes in Networks and Systems book serias lnns, vol. 488, pp. 485- 497.
Omar., M., Akawee, and Dr, Emad, M ., Abdullatif ,(2023)."The impact of some macroeconomic variables on banking stability in Iraq" . Central European Management journal, Vol. 31, No. 2, pp.866-882
Ould Awali, A. (2021)." Analyzing the Relationship between Financial Inclusion and Banking Stability in Algeria". Scientific Research Notebooks, Vol. 9, No. 2, pp. 196-209.
Rabat, K., Berish, A. (2018). "The Impact of Private Banking Credit on Economic Growth in Algeria Using the Self-Regression VAR Model during the Period 1990-2015". Al-Tantheem Al-Amal Journal, Vol. 7, No. 1, pp. 44-63.
Mahmoud, M.A., Garba, A.S., Abdullah, Y.A. and Ali, A.I., 2020. Assessment of entrepreneurship education on the relationship between attitude, subjective norms, perceived behavioural control and entrepreneurial intention. International Journal of Business and Technopreneurship, 10(2), pp.197-210.
Saaigh, N. Z. (2018). "Banking Credit”. Dar Al-Kutub Al-Ilmiyya, Lebanon, Beirut.
Sabri, S. A. and Abdulhakeem, H. T. (2021)." Financial Inclusion and Its Impact on Bank Deposits: An Analytical Study in the Iraqi Banking System”. Al-Mustansiriya University / College of Management and Economics, Vol. 5, No. 2, pp. 59-92.
Safaa A, Ahmad, A, (2020)." Cooperattve Decision – Making on Fiscal and Monetary Policy in Iraq" Using The Prisoners Dilemma, Banks and Bank Systems, Vol. 15, No. 4 ,pp.88-98 .
Safaa A, Ahmad, A, (2020) ."The role of fiscal and monetary policy in stimulating Circular Economy in Iraq ". Aestimum, Special Issue: 125 – 145.
Sarma M., (2015)." Measuring financial inclusion “. Economics Bulletin, vol. 35, No. l, pp. 604- 611.
The World Bank (2020). "Data Shows an Increase in Local Credit in Developing Countries”. Retrieved on April 5, from The World Bank blogs.
Younis, N., Suleiman, D. (2002). "Banking Services Marketing" University of Mosul, University Printing and Publishing House.
Published
Issue
Section
License
Copyright (c) 2024 Journal of Economics and Administrative Sciences
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Articles submitted to the journal should not have been published before in their current or substantially similar form or be under consideration for publication with another journal. Please see JEAS originality guidelines for details. Use this in conjunction with the points below about references, before submission i.e. always attribute clearly using either indented text or quote marks as well as making use of the preferred Harvard style of formatting. Authors submitting articles for publication warrant that the work is not an infringement of any existing copyright and will indemnify the publisher against any breach of such warranty. For ease of dissemination and to ensure proper policing of use, papers and contributions become the legal copyright of the publisher unless otherwise agreed.
The editor may make use of Turnitin software for checking the originality of submissions received.
How to Cite
How to use the OJS system 
