Iran Central Bank assets register slight rise

Business Materials 10 February 2018 11:25 (UTC +04:00)

Baku, Azerbaijan, Feb. 8‎

By Trend:

Iranian Central Bank’s assets increased by 11.3 percent year-on-year to 5,769 trillion rials (each USD makes 37,000 rials based on official rate) by Dec. 21, 2017.

The overall assets of the CBI witnessed an increase by 14.1 percent compared to the end of last fiscal year (March 20, 2017).

According to a report released by the bank, CBI’s foreign assets increased by 10.4 percent to 3,701.4 trillion rials during the one-year period to Dec. 21.

Meanwhile, the figure registered a rise by 9.1 percent from 3,394.1 trillion rials in the end of the last fiscal year.

Total foreign assets of Iranian banking system (including CBI) amounted to 6,609.3 trillion rials, 17.7 percent more year-on-year, according to the report.

The government debts (including state-run companies) to the Central Bank increased by 3.6 percent to 633.5 trillion rials during the period.

The government’s deposits (including state-run companies) in the Central Bank decreased by 6.6 percent and stood at 353.6 trillion rials by Dec. 21.

The value of Iranian banks and financial institutions deposits in the CBI amounted to 1,533.7 trillion rials by Dec. 21, 20.7 percent more year-on-year.

The Iranian banks’ debts to the CBI reached 1,130.7 trillion rials by Dec. 21, indicating a rise by 7.9 percent year-on-year.