Business And Markets

Banks’ NPL Ratio Improving

Banks’ NPL Ratio Improving
Banks’ NPL Ratio Improving

New data from the Central Bank of Iran show banks and credit institutions performed better in recovering non-performing loans in first half of current fiscal year ending Sep.22. 
The ratio of NPLs to total loans declined 6.8% by end of H1, down 0.3 percentage points compared to the end of Q1 on June 22. 
Data seen on the CBI website suggest that the ratio declined by 21.8% compared to the corresponding period last year when it stood at 8.7%. 


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