BAKU, Azerbaijan, Feb. 16
By Elnur Baghishov – Trend:
The balance of bank loans in Iran increased by 46.8 percent during the first eight months of the current Iranian year (from March 20 through November 20, 2020), compared to the same period last Iranian year, Trend reports referring to the Central Bank of Iran (CBI).
The balance of deposits also increased by 41.6 percent over the 8 months compared to the same period of the last Iranian year.
The following table presents the 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 $) |
Deposits (in $) |
Deposits after deducting state fee (in $) |
The percentage ratio of loans to deposits after deducting state fee (%) |
Percentage of loan growth |
Percentage of deposit growth |
||
Compared to the 8th month of last Iranian year (Oct. 23 through Nov. 21, 2019) |
Compared to the 12th month of last Iranian year (Feb. 20 through Mar. 19, 2020) |
Compared to the 8th month of last Iranian year (Oct. 23 through Nov. 21, 2019) |
Compared to the 12th month of last Iranian year (Feb. 20 through Mar. 19, 2020) |
|||||
The first 8 months of the last Iranian year (Mar. 21 through Nov. 21, 2019 |
408 billion |
577 billion |
517 billion |
78.8 |
- |
- |
- |
- |
The last Iranian year (from March 21, 2019, to March 20, 2020) |
460 billion |
646 billion |
580 billion |
79.4 |
- |
- |
- |
- |
The first 8 months of the current Iranian year (Mar. 20 through Nov. 20, 2020) |
598 billion |
817 billion |
736 billion |
81.3 |
46.8 |
29.9 |
41.6 |
26.4 |
Table of the loan balance, currency deposits of banks and financial institutions in Iran on provinces for eight-month period, in USD, according to the official exchange rate ($1=42,000 rials):
Province |
Deposits (in billion USD) |
Deposits after deducting state fee (in billion USD) |
Loans (in billion USD) |
Tehran |
442 |
403 |
385 |
Isfahan |
43.5 |
38.5 |
22.9 |
Razavi Khorasan |
36 |
31.9 |
18.9 |
Mazandaran |
21.9 |
19.3 |
13.7 |
Fars |
32 |
28.4 |
14.8 |
Khuzestan |
26.9 |
23.8 |
12.3 |
East Azerbaijan |
22.2 |
19.8 |
12 |
Gilan |
14.6 |
12.9 |
8.15 |
Kerman |
17.6 |
15.6 |
9.52 |
West Azerbaijan |
11.5 |
10.3 |
6.87 |
Kermanshah |
7.72 |
6.84 |
5.81 |
Yazd |
10.1 |
8.96 |
6.86 |
Golestan |
6.82 |
6.05 |
5.43 |
Hamadan |
6.89 |
6.11 |
4.29 |
Markazi |
8.06 |
7.15 |
4.88 |
Semnan |
4.85 |
4.31 |
3.89 |
Lorestan |
5.47 |
4.85 |
4.53 |
Ardabil |
4.54 |
4.03 |
3.42 |
Qazvin |
6.56 |
5.82 |
4.92 |
Hormozgan |
7.45 |
6.62 |
4.41 |
Bushehr |
11.3 |
10 |
4.06 |
Kordestan |
4.96 |
4.41 |
3.25 |
Zanjan |
5.07 |
4.51 |
4.09 |
Qom |
8.25 |
7.32 |
4.45 |
Sistan and Baluchestan |
6.42 |
5.71 |
3.19 |
Chaharmahal and Bakhtiari |
4.59 |
4.08 |
4.05 |
Ilam |
2.39 |
2.13 |
2.37 |
Kohgiluyeh and Boyer-Ahmad |
2.02 |
1.79 |
2 |
North Khorasan |
2.7 |
2.4 |
2.57 |
South Khorasan |
3.47 |
3.08 |
2.78 |
Alborz |
17.6 |
15.6 |
7.38 |
Free Trade Zones |
11.2 |
10.2 |
5.13 |
Total |
817 |
736 |
598 |