Business And Markets
0

Banks Still Reluctant to Lend

The loan-to-deposit ratio (LDR) fell by 3.2 percentage points in the month to May 20 compared with the same month in the last fiscal year, to reach 77%, indicating banks’ increasing aversion to lend. 
LDR has declined by 2.4% percentage points in the first two months of current fiscal year (March 20-May 20), according to a report published on the Central Bank of Iran website. 
LDR is used to assess a bank's liquidity by comparing the total loans to total deposits for a specific period and is expressed in percentage.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com