DUBAI (S&P Global Ratings) June 5, 2024--S&P Global Ratings today placed Iraq (B-/Stable/B) in Banking Industry Country Risk Assessment (BICRA) group '10'. A BICRA is scored on a scale from 1 to 10, ranging from the lowest-risk banking systems (group '1') to the highest-risk (group '10'). The economic risk score for Iraq is '10' and the industry risk score is '10'. Trends on both economic risk and industry risk are stable. Banking Industry Country Risk Assessment Methodology And Assumptions, Dec. 9, 2021 Financial Institutions Rating Methodology, Dec. 9, 2021 Sovereign Rating Methodology, Dec. 18, 2017 Iraq, Feb. 12, 2024