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Term Deposits Rise 40%

Term Deposits Rise 40%
Term Deposits Rise 40%

The Central Bank of Iran reported 40% rise in term deposits on an annualized basis by the end of the 10th calendar month to Jan. 20. 
Total term deposits reached 36,280.8 trillion rials ($141 billion) indicating 30% increase in ten months. 
Sight deposits rose 42% in the same period, reaching 7,996.7 trillion rials ($31b) – up 29.5%.  
CBI data categorizes term deposits into long-term, short-term and Qarzol-Hassanah (interest-free) deposits...

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