Overseas Assets of Banks Up 18%

Iranian banks held foreign assets worth 24,633.4 trillion rials ($46.8 billion) by the end of the eleventh calendar month to February 19, up by 18.7% from the same time last year. 
Central Bank of Iran data show that the pace of growth in foreign assets declined noticeably. Annualized growth in overseas assets was 37.2% in the year before.  
CBI foreign assets were in the region of 7,554.3 trillion rials ($14.7b) in the period, up 9.1% y/y and 3.2% higher in the first eleven months of the last fiscal year that ended in March.