...

Balance of bank loans increases in Iran

Finance Materials 15 March 2020 14:07 (UTC +04:00)
Balance of bank loans increases in Iran

BAKU, Azerbaijan, March 15

By Elnur Baghishov - Trend

The balance of bank loans in Iran increased by 23 percent during the first eight months (from March 21 to Dec. 21, 2019) of the current Iranian year, compared to the same period last year, Trend reports referring to the Central Bank of Iran (CBI).

The balance of deposits increased by 26.9 percent, compared to the same period last year.

The table of balance of loans, foreign currency deposits of banks and financial institutions for the reported eight-month period, 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 9th month last Iranian year (Nov. 21 – Dec. 21. 2018)

Compared to 12th month last Iranian year (Feb. 20 – March 20, 2019)

Compared to 9th month last Iranian year (Nov. 21 – Dec. 21, 2018)

Compared to 12th month last Iranian year (Feb. 20 – March 20, 2019)

9 months (March 21 – Dec. 21) of last Iranian year (began March 21, 2018)

337 billion

463.8 billion

416.5 billion

80.9

-

-

-

-

9 months (March 21 – Dec. 21) of this Iranian year (began March 21, 2019)

414.5 billion

588.4 billion

527.7 billion

78.5

23.0

15.4

26.9

19.6

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

359.2 billion

492.2 billion

442.1 billion

81/3

According to 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 eight 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

316.5

286.7

265.8

2

Isfahan

31.6

28

15

3

Razavi Khorasan

27.5

24.3

12.7

4

Mazandaran

14.2

12.5

9.56

5

Fars

25.1

22.2

10.9

6

Khuzestan

19.6

17.3

8.85

7

East Azerbaijan

16.6

14.7

8.46

8

Gilan

9.67

8.56

6.1

9

Kerman

11

9.81

7.3

10

West Azerbaijan

8.41

7.44

4.98

11

Kermanshah

6.22

5.51

4.41

12

Yazd

6.87

6.09

4.43

13

Golestan

4.99

4.42

3.87

14

Hamadan

5.46

4.84

3.03

15

Markazi

6.16

5.46

3.35

16

Semnan

3.52

3.12

2.72

17

Lorestan

4.26

3.77

3.38

18

Ardabil

3.44

3.05

2.46

19

Qazvin

5.01

4.44

3.24

20

Hormozgan

5.38

4.47

3.10

21

Bushehr

6.62

6.05

2.53

22

Kordestan

3.42

3.04

2.26

23

Zanjan

3.82

3.39

2.78

24

Qom

6.51

5.77

3.38

25

Sistan and Baluchestan

4.45

3.95

2.22

26

Chaharmahal and Bakhtiari

3.39

3

2.58

27

Ilam

1.9

1.69

1.72

28

Kohgiluyeh and Boyer-Ahmad

1.55

1.38

1.49

29

North Khorasan

2.02

1.8

1.8

30

South Khorasan

2.63

2.33

1.76

31

Alborz

12.4

11

5.27

32

Azad Trade Zone

7.59

6.88

3.19

Total

588.4

527.7

414.5

Tags:
Latest

Latest