The role of macroprudential policy in enhancing the credit function of commercial banks Iraq Case Study for the Period (2017-2023)
A thesis submitted to the Council of the College of
Administration and Economics, University of Karbala, as part of
the requirements for obtaining a Master’s degree in Financial
and Banking Sciences
By
Mazen Mohammed Ali Najm
Supervised by of
Prof. Dr. Kamal Kazem Jawad
Abstract
The study aims to show the extent of the impact of the independent variable represented by the macroprudential policy on the credit function of commercial banks in Iraq. The study problem was whether financial safety indicators represented by macroprudential policies contribute to enhancing the credit function of commercial banks in Iraq. The Central Bank uses some macroprudential policy tools in Iraq to maintain financial stability and reduce systemic risks. The study shows that the use of macroprudential policy in Iraq in general is exposed to various types of risks, and perhaps financial transactions resulting from the practice of economic activities are more exposed to them and affected by them. The variables were financially analyzed for the period (2017-2023) annually, and then the statistical program SPSS- V 26 was used to test the hypotheses according to the standard multiple linear regression model, which was appropriate for this study. The study showed a set of conclusions, including the existence of a statistically significant impact relationship for macroprudential policy indicators on cash and contractual credit for commercial banks. The study recommended the necessity of using macroprudential policy indicators to achieve financial stability and make the financial sector supportive of economic growth. Keywords: macroprudential policy, credit function of commercial banks
