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Bank loan balance in Iran grows 20%

Business Materials 25 November 2019 17:10 (UTC +04:00)
Bank loan balance in Iran grows 20%

BAKU, Azerbaijan, Nov. 25

By Elnur Baghishov - Trend:

Over the first five months (March 21-Aug. 22) of this Iranian year (began March 21, 2019), the bank loan balance in Iran increased by 20 percent compared to the same period last year, Trend reports with reference to the Central Bank of Iran (CBI).

The balance of deposits increased by 27.4 percent compared to the same period last year, according to the report.

Table of loan balance, currency deposits of banks and financial institutions for the five months, according to the official exchange rate ($1=42,000 rials):

Period

Loans (in USD)

Deposits (in USD)

Deposits after deducting state fee (in USD)

Percentage ratio of loans to deposits after deducting state fee

Percentage of loan growth

Percentage of deposit growth

Compared to 5th month last Iranian year (July 23 – August 22, 2018)

Compared to 12th month last Iranian year (Feb. 20 – March 20, 2018)

Compared to 5th month last Iranian year (July 23 – August 22, 2018)

Compared to 12th month last Iranian year (Feb. 20 – March 20, 2018)

5 months (March 21 – Aug. 22) of last Iranian year (began March 21, 2018)

318.7 billion

422.8 billion

378.8 billion

82/2

-

-

-

-

5 months (March 21 – Aug. 22) of this Iranian year (began March 21, 2019)

359.2 billion

492.2 billion

442.1 billion

81/3

-

-

-

-

Last Iranian year (March 21, 2018-March 21, 2019)

383 billion

538.8 billion

483.1 billion

79/3

20/2

6/6

27/4

9/5

According to the CBI, most deposits account for Tehran province, while the least amount of deposits accounts for Kohgiluyeh and Boyer-Ahmad province.

Table of loan balance, currency deposits of banks and financial institutions for the five months, in USD, according to the official exchange rate ($1=42,000 rials):

Raw

Province

Deposits (in billion USD)

Deposits after deducting state fee (in billion USD)

Loans (in billion USD)

1

Tehran

291

263.4

245.4

2

Isfahan

28.5

25.2

14.1

3

Razavi Khorasan

25.2

22.3

12

4

Mazandaran

13.3

11.7

8.8

5

Fars

23.1

20.4

10.1

6

Khuzestan

18.2

16.1

7.9

7

East Azerbaijan

15.2

13.4

7.8

8

Gilan

8.8

7.83

5.6

9

Kerman

10

8.91

6.8

10

West Azerbaijan

7.6

6.73

4.6

11

Kermanshah

5.7

5

4.1

12

Yazd

6.3

5.6

4.3

13

Golestan

4.5

4

3.5

14

Hamadan

4.8

4.2

2.4

15

Markazi

5.5

4.9

3.1

16

Semnan

3.1

2.8

2.5

17

Lorestan

3.9

3.4

3

18

Ardabil

3.1

2.8

2.2

19

Qazvin

4.5

4

3

20

Hormozgan

5

4.4

2.8

21

Bushehr

5.7

5

2.3

22

Kordestan

3.1

2.7

2

23

Zanjan

3.5

3.1

2.5

24

Qom

5.9

5.2

2.6

25

Sistan and Baluchestan

4.1

3.6

1.9

26

Chaharmahal and Bakhtiari

3

2.7

2.3

27

Ilam

1.7

1.5

1.4

28

Kohgiluyeh and Boyer-Ahmad

1.4

1.2

1.3

29

North Khorasan

1.8

1.6

1.6

30

South Khorasan

2.3

2

1.6

31

Alborz

11.5

10.2

4.8

32

Azad Trade Zones

6.3

5.7

3.1

Total

538.8

483.1

383

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