دور مكونات السياسة الائتمانية في الحد من الأزمات المالية في القطاع المصرفي العراقي : مصرف دجلة و الفرات أنموذجا

Abstract EN

The aim of the research is to know the role of the credit policy components in reducing financial crises for the Iraqi banking sector.

This is achieved by This is done by identifying the components of the credit policy as well as the nature of financial crises, in addition to the case of bankruptcy and default of some Iraqi banks.

The sample of the study includes six Iraqi banks.

The results of the research show that the commercial banks, the sample of the study, had regressed their financial performance to a situation in which they became unable to continue performing daily banking operations.

It can be noticed that there is a defect in the financial indicators of the banks due to mismanagement that led to the deterioration of the conditions of banks.

In addition to that the Central Bank placed the banks themselves under commandments, and some of them canceled them.

It is also noted that most of the banks in question were suffering from cash crisis in the years preceding the commandments, as well as in the year of imposing these commandments on the banks, due to non-compliance with the specific instructions of the Central Bank, which leads to risks that banks may be exposed to.

The research recommends the necessity for the Iraqi banking sector to follow the indications of caution because they serve as a framework that achieves the goals it seeks, in addition to ensuring the safety of the entire banking sector from exposure to crises.

In addition to the need to do the necessary work in preparing the financial statements by the banks and for the Central Bank of Iraq to match the statements sent to it with the real financial statements of the bank.

The research also recommends the necessity of activating the legal role of banks and for the Central Bank of Iraq to follow this section by having an idea about its workers and their scientific certificates and experiences.

Finally, it is recommended that all banks, the sample of the research, should adhere to the components of the credit policy in order not to be exposed to a bank default and thus bankruptcy because of its significant impact on the work of Bank policy.