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BMI Says It Is in Good Shape

Bank Melli Iran public relations office said it has “attracted 32.48% of the total long-term deposits of the banking industry
BMI Says it Is in Good Shape BMI Says it Is in Good Shape

Bank Melli Iran, the biggest bank in the country said Saturday that it had succeeded in attracting the highest volume of cash both in long-term deposits and Qarz-ul-Hasana (usury-free) saving accounts in the first seven months of the current fiscal that started in March.
Making do with growth in percentage terms and without providing real numbers, the BMI public relations office said it had “attracted 32.48% of the total long-term deposits of the banking industry” over the period and topped the list, IBENA reported. 
Balance of these two types of accounts that seemingly have the largest turnover in and among all lenders, with BMI compared to the balance in the same period last year was “over 17%.” 

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