Business And Markets

Banks Borrow Less from CBI

Banks Borrow Less from CBI
Banks Borrow Less from CBI

Debts of banks and credit institutions to the Central Bank of Iran declined 2.88% in the month to September 22. 
According to the latest figures, the debts amounted to 1,660.2 trillion rials ($4.7 billion) by the end of the six month of the fiscal year (Sep 22). 
Despite a decline on the month before, the figure grew by 13.4% during the first six months of the fiscal year (started in March 2022) and up 30.2% compared to the same period last year. 


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