Bad Loans Decline

Data published by the Central Bank of Iran show lenders have performed reasonably better in reducing non-performing loans in the previous fiscal year that ended in March.
The ratio of NPLs to total loans by banks declined to 6.7% by end of the fiscal 2020-21.  The CBI website said the ratio declined by 1.8 percentage points compared to the third quarter of the previous fiscal year ending Dec.20.  
NPL ratio is the ratio of the amount of nonperforming loans in a loan portfolio of banks to the total amount of outstanding loans the banks