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Iran's Mellat bank discloses revenues during its activity

Finance Materials 30 December 2018 11:45 (UTC +04:00)

Baku, Azerbaijan, Dec. 30

By Elnur Baghishov – Trend:

Iran's Mellat bank has disclosed the work carried out during its 9-month activity through investments worth 50 trillion rials (about $1.19 billion), Trend reports referring to IBENA News Agency.

The revenues obtained from the loans issued during nine months of this Iranian year (started on March 21, 2018) amounted to 146 trillion rials (about $3.47 billion).

This figure reached 114 trillion rials (about $2.71 billion) in the same period of last Iranian year, which testifies to an increase of about 32 trillion rials (about $761 million).

The bank gained 138 trillion rials (about $3.28 billion) from the loans issued last Iranian year.

The bank paid 112.4 trillion rials (about $2.67 billion) within deposit investments over 9 months of this Iranian year. The bank paid 119.4 trillion rials (about $2.84 billion) in the same period of last Iranian year.

The bank paid 12.8 trillion rials (about $304 million) within deposit investments during the ninth month of last Iranian year. This amount declined during the ninth month of this Iranian year and the bank paid 12.1 trillion rials (about $288 million).

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