BAKU, Azerbaijan, Jan. 20
By Elnur Baghishov – Trend:
The balance of bank loans in Iran increased by 46.6 percent in the first seven months of the current Iranian year (from March 21 through October 22, 2021), compared to the same period last Iranian year, Trend reports referring to the Central Bank of Iran (CBI).
According to the report, the balance of bank loans amounted to 35.5 quadrillion rials (about $845 billion) in 7 months.
The balance of deposits also increased by 45 percent within 7 months, compared to the same period last Iranian year. So, the balance of bank deposits in Iran amounted to 48.4 quadrillion rials (about $1.15 trillion) over the reporting period.
Below is the balance of loans, foreign currency deposits of banks and financial institutions for the reported seven-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 first 7 months of the last Iranian year (Mar. 20 through Oct. 21, 2020) |
Compared to the first 7 months of the last Iranian year (Mar. 20 through Oct. 21, 2020) |
|||||
First 7 months of the last Iranian year (Mar. 20 through Oct. 21, 2020) |
576 billion |
795 billion |
722 billion |
79.8 |
- |
- |
The 12th month of the last Iranian year (Feb. 19 through Mar. 20, 2021) |
664 billion |
922 billion |
829 billion |
80.2 |
- |
- |
First 7 months of the current Iranian year (from Mar. 21 through Oct. 22, 2021) |
845 billion |
1.15 trillion |
1.04 trillion |
81.4 |
46.6 |
45 |
Table of the loan balance, currency deposits of banks and financial institutions in Iran on provinces for a seven-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 |
616 |
563 |
537 |
Isfahan |
62.1 |
55 |
31.3 |
Razavi Khorasan |
49.7 |
43.9 |
28 |
Mazandaran |
29.4 |
26 |
20.6 |
Fars |
45.1 |
39.9 |
21.1 |
Khuzestan |
40 |
35.4 |
18 |
East Azerbaijan |
31.1 |
27.5 |
17.6 |
Gilan |
19.3 |
17.1 |
11.2 |
Kerman |
25.6 |
22.6 |
13.3 |
West Azerbaijan |
15.8 |
14 |
9.44 |
Kermanshah |
11.2 |
9.95 |
7.92 |
Yazd |
16.3 |
14.5 |
11 |
Golestan |
9.47 |
8.39 |
742 |
Hamadan |
10.6 |
9.37 |
6.24 |
Markazi |
12 |
10.7 |
7.15 |
Semnan |
7.14 |
6.35 |
5.69 |
Lorestan |
8.18 |
7.25 |
6.75 |
Ardabil |
6.73 |
5.97 |
4.79 |
Qazvin |
10 |
8.9 |
7.38 |
Hormozgan |
12.1 |
10.8 |
6.52 |
Bushehr |
19.9 |
17.6 |
6.45 |
Kurdistan |
6.8 |
6.04 |
4.83 |
Zanjan |
7.83 |
6.95 |
5.93 |
Qom |
11.6 |
10.3 |
6.8 |
Sistan and Baluchestan |
8.4 |
7.47 |
4.68 |
Chaharmahal and Bakhtiari |
6.75 |
5.99 |
6.09 |
Ilam |
3.5 |
3.1 |
3.4 |
Kohgiluyeh and Boyer-Ahmad |
3.04 |
2.69 |
2.87 |
North Khorasan |
3.94 |
3.49 |
3.81 |
South Khorasan |
5.01 |
4.45 |
4.21 |
Alborz |
24.9 |
22.1 |
10.7 |
Free Trade Zones |
11.8 |
10.7 |
10.7 |
Total |
1.15 trillion |
1.04 trillion |
845 billion |
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