Analysis of the financial reality and its development in Cihan Bank for Islamic Investment and Finance for the period (2011-2021)
|Article 8, Volume 41, Issue 136, December 2022, Pages 169-191 PDF (780.16 K)
|Document Type: Research Paper
|The Bank is considered one of the important economic institutions in stimulating the economic activities of any country and represents a major pillar of bringing about changes in economic development in societies now. Therefore, the research analyzes the financial reality and its development in Cihan Bank for Investment and Finance during the period (2011-2021). The importance of this research is manifested in diagnosing the bank's performance in mobilizing financial resources and its ability to direct them to the purposes that serve to stimulate economic activities. This research assumed that the bank can mobilize savings and increase the bank's cash balances and use it well to achieve economic profits. The conclusion was reached that there was a development in the total assets and cash in the fund during the research period, and also it was concluded that there was a rise in financing and investment revenues, as the compound growth rate for the research period reached (19.8%), and an increase in net profits after tax, as it reached Compound growth rate (8.86%). Finally, the research suggested a set of suggestions, perhaps the most important of which is to encourage community members to deposit their savings in banks.
|banks; financial performance; assets; cash in hand
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