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Balance of bank loans in Iran grows 23.4%

Finance Materials 30 December 2019 16:12 (UTC +04:00)
Balance of bank loans in Iran grows 23.4%

BAKU, Azerbaijan, Dec. 30

By Elnur Baghishov - Trend:

The balance of bank loans in Iran increased by 23.4 percent during six months (March 21-Sept. 22) of this Iranian year (began March 21, 2019), compared to the same period last year, Trend reports referring to the Central Bank of Iran (CBI).

The balance of deposits increased by 30.1 percent compared to the same period last year.

The table of balance of loans, foreign currency deposits of banks and financial institutions for six months, according to the official exchange rate ($1=42,000 rials):

Period

Loans (in USD)

Deposits (in USD)

Deposits after deducting state fee (in USD)

Percentage ratio of loans to deposits after deducting state fee

Percentage of loan growth

Percentage of deposit growth

Compared to 6th month last Iranian year (July 23 – Sept 22, 2018)

Compared to 12th month last Iranian year (Feb. 20 – March 20, 2018)

Compared to 6th month last Iranian year (July 23 – Sept 22, 2018)

Compared to 12th month last Iranian year (Feb. 20 – March 20, 2018)

6 months (March 21 – Sept. 22) of last Iranian year (began March 21, 2018)

324.7 billion

429.9 billion

385.1 billion

84/3

-

-

-

-

6 months (March 21 – Sept. 22) of this Iranian year (began March 21, 2019)

400.5 billion

559.3 billion

502.2 billion

79.8

23.4

11.5

30.1

13.6

Last Iranian year (March 21, 2018-March 21, 2019)

359.2 billion

492.2 billion

442.1 billion

81/3

According to the CBI, most deposits account for Tehran province, while the least amount of deposits accounts for Kohgiluyeh and Boyer-Ahmad province.

Table of loan balance, currency deposits of banks and financial institutions for six months, in USD, according to the official exchange rate ($1=42,000 rials):

Raw

Province

Deposits (in billion USD)

Deposits after deducting state fee (in billion USD)

Loans (in billion USD)

1

Tehran

304.7

276.6

259.9

2

Isfahan

29.3

26

14.3

3

Razavi Khorasan

26

23

12.3

4

Mazandaran

13.6

12

9.08

5

Fars

23.6

20.9

10.3

6

Khuzestan

18.23

16.2

8.02

7

East Azerbaijan

15.5

13.7

8.08

8

Gilan

9.13

8.09

5.78

9

Kerman

10.3

9.2

7

10

West Azerbaijan

7.82

6.92

5.7

11

Kermanshah

5.86

5.19

4.2

12

Yazd

6.35

5.62

4.17

13

Golestan

4.71

4.17

3.65

14

Hamadan

5.24

4.65

2.85

15

Markazi

5.66

5.02

3.19

16

Semnan

3.3

2.93

2.6

17

Lorestan

4.06

3.59

3.14

18

Ardabil

3.3

2.93

2.32

19

Qazvin

4.66

4.13

3.06

20

Hormozgan

5.11

4.54

2.87

21

Bushehr

5.8

5.14

2.38

22

Kordestan

3.28

2.91

2.12

23

Zanjan

3.68

3.27

2.61

24

Qom

6.1

5.41

2.67

25

Sistan and Baluchestan

4.24

3.76

2.03

26

Chaharmahal and Bakhtiari

3.16

2.8

2.42

27

Ilam

1.77

1.57

1.56

28

Kohgiluyeh and Boyer-Ahmad

1.47

1.3

1.39

29

North Khorasan

1.91

1.69

1.68

30

South Khorasan

2.44

2.16

1.63

31

Alborz

1.18

10.4

5.01

32

Azad Trade Zones

6.71

6.09

3.17

Total

559,3

502.2

400.5

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