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Foreign Assets of Banks Rise 46%

Foreign Assets of Banks Rise 46%
Foreign Assets of Banks Rise 46%

Foreign assets of Iranian banks reached $80 billion by the end of the tenth calendar month to Jan. 20.
The Central Bank of Iran in a report said the assets were 46.1% higher compared to the same period last year and 33% higher since the beginning of the fiscal year that ends on March 20. 
As per CBI data, foreign assets owned by the CBI stood at 6,884.6 trillion rials ($26.5b) in this period, indicating 18.7% growth on an annualized basis and 6.7% higher in the first ten months of the present fiscal year. 

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