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Bank Assets Rise 42%

Bank Assets Rise 42%
Bank Assets Rise 42%

By the end of the ninth Iranian month (on Dec.20), banks held 71 quadrillion rials ($289.8 billion) in assets, up 42.7% YOY and 31% compared to the beginning of the current fiscal year last March.
Foreign assets of banks were 45.9% higher YOY and 30.3% compared to the last month of previous fiscal to reach 15,089 trillion rials ($61.58b) by December 20, the Central Bank of Iran said Monday. 
Non-governmental sectors owed 21,219.8 trillion rials ($ 86.6 b) to banks by the end of the third quarter, an annual rise of 47.4%.

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