Bank Loans Slump, Again

The ratio of loans to deposits continued to decline in the last calendar month ending July 22, extending a declining order that has lasted for the fourth straight month. 
The loan-to-deposit ratio (LDR) declined by 2.3 percentage point from the beginning of fiscal year on March 21 and stood at 80.9%. 
It fell 0.5 percentage points on an annualized basis and was down 0.8 percentage points on the preceding month, the Central Bank of Iran said.