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Bank Loans Overtake Deposits

Bank Loans Overtake Deposits
Bank Loans Overtake Deposits

Data released by the Central Bank of Iran show total loans given by banks outpaced deposits in the month to October 21.
Inclination of banks to lend is shown in the subtle, but steady, increase in loan-to-deposit ratio (LDR), which grew for the third time in a row after months of decline.  
With a 0.2% annual rise, the LDR stood at 79.8% indicating a 0.4% rise compared to the end of the last fiscal year (March 2020).
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.

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