Interest spread, which is the difference between interest rate on loans and deposits reached 7.23% in second quarter of 2014 in Iraq, according to the National Central Bank. This is 1.12% more than in the previous quarter.
Historically, interest spread, which is the difference between interest rate on loans and deposits in Iraq reached an all time high of 10.2% in 1Q2008 and an all time low of 4.97% in 4Q2004.
Iraq has been ranked 37th within the group of 108 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.
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