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Iran’s CBI reveals data on value of domestic assets of Iranian banks and debts

Finance Materials 4 August 2021 13:14 (UTC +04:00)
Iran’s CBI reveals data on value of domestic assets of Iranian banks and debts

BAKU, Azerbaijan, Aug. 4

By Elnur Baghishov – Trend:

The value of domestic assets of Central Bank of Iran, other Iranian banks and financial institutions amounted to 30.3 quadrillion rials (about $723 billion) in total at the end of the 3rd month of the current Iranian year (June 22, 2021), Trend reports citing the statistics of the Central Bank of Iran (CBI).

According to the statistics, this is an increase of 41.6 percent compared to the same period last Iranian year. So, the figure was 21.4 quadrillion rials (about $510 billion) in the same period last Iranian year.

In addition, the total debts to the CBI, banks and financial institutions in Iran amounted to 26.9 billion trillion rials (about $641 billion) at the end of 3rd month. This figure increased by 49.5 percent, compared to the same period last Iranian year. So, this figure was 18 quadrillion rials (about $429 billion) in the same period last Iranian year, the statistics said.

“Thus, the Iranian government's debts to the CBI, other banks and financial institutions at the end of the third month amounted to 3.84 quadrillion rials (about $91.4 billion). This is an increase of 40.5 percent compared to the same period last Iranian year. During the same period of the last Iranian year, this figure was 2.73 quadrillion rials (about $65 billion),” the statistics said.

According to the statistics, debts of state-owned companies and enterprises to the Central Bank of Iran, other banks and financial institutions in Iran amounted to 526 trillion rials (about $12.5 billion) at the end of 3rd month. This is an increase of 27.1 percent, compared to the same period last Iranian year. So, this figure was 414 trillion rials (about $9.86 billion) in the same period last Iranian year.

Also, the debts of the non-governmental sector to the CBI, banks and financial institutions in Iran amounted to 22.5 quadrillion rials (about $537 billion) within the mentioned period. This is an increase of 51.8 percent, compared to the same period last Iranian year.

The figure amounted to 14.8 quadrillion rials (about $354 billion) in the same period last Iranian year, the statistics said.

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