Baku, Azerbaijan, March 12
By Gazenfer Hamidov – Trend:
Iranian Central Bank’s assets increased by 13.2 percent year-on-year to 5,913.7 trillion rials (each USD makes 37,500 rials based on official rate) by Jan. 20, 2018.
The overall assets of the CBI witnessed an increase by 16.9 percent compared to the end of last fiscal year (March 20, 2017).
According to a report released by the CBI, the government’s deposits (including state-run companies) in the Central Bank increased by 11.8 percent and stood at 408.9 trillion rials by Jan. 20.
The government deposits was 367 trillion rials (12.9 percent more), meanwhile the deposits of state-owned companies stood at 41.9 trillion rials (2.7 percent more year-on-year)
By Jan. 20, the value of Iranian banks and financial institutions deposits in the CBI amounted to 1,547.6 trillion rials, 20 percent more year-on-year.
The Iranian banks’ debts to the CBI reached 1,174.8 trillion rials by Jan. 20, indicating a rise by 7.6 percent year-on-year.
The government debts (including state-run companies) to the Central Bank increased by 5.5 percent to 627.1 trillion rials during the period.
The central bank’s foreign assets increased by 13.5 percent to 3,809.4 trillion rials during the one-year period to Jan. 20.
Meanwhile, the figure registered a rise by 12.2 percent from 3,394.1 trillion rials in the end of the last fiscal year (March 2017).
Overall assets of Iran’s banking system by Jan. 20 accounted to 34,368.7 trillion rials, 21.7 percent more year-on-year.