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Bank Melli NPL Reduction

Bank Melli  NPL Reduction
Bank Melli  NPL Reduction

Bank Melli Iran has been successful in reducing its non-performing loans, bringing them down to 8.6% in the previous year (ended in March) which counts as a record in Iran’s banking system, the banks’ website reported. According to data, Bank Melli’s NPL ratio (amount of non-performing loans over total loans) has experienced the steepest decline among all Iranian banks in the period.

Financialtribune.com