Bank Deposits Growing

Deposits with banks and credit institutions reached 27,766 trillion rials ($126.2 billion as per Saturday’s forex rates) up until the end of the calendar month to April 19. 
Bank deposits increased by 6,941.7 trillion rials ($31.5 billion) compared to the corresponding month last year, indicating 33.3% y/y growth, according to data released by the Central Bank of Iran on its website. 
Compared to the preceding month, bank deposits grew 603.9 trillion rials ($2.7 billion), up 2.2%.
Data showed more than half the total deposits were held in bank branches in Tehran Province -- 15,181.3 trillion rials ($69 billion).