Business And Markets

Banks Stockpile $158b

Banks Stockpile $158b
Banks Stockpile $158b

Total deposits in banks and credit institutions grew by 47% by the end of the first quarter of the current fiscal year (started March 2021), to 43,149 trillion rials ($158.6 billion).
Deposits were 11.3% higher during the first three months of the year, according to figures published by the Central Bank of Iran.
As usual, the majority of deposits were in Tehran Province at 23,796 trillion rials ($87.4b), accounting for more than half the total.  


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