240 thousand billion tomans of bank profits in the pockets of depositors
During the first eight months of this year, more than 240 interest deposits have been paid by 14 banks.
Among the 29 banks of the country, only Pasargad, Mellat, Ekhtaz Navin, Iran Post Bank, Saderat, Karabhan, Sina, Day, Middle East, Saman, Parsian, Nations Credit Institution, Tourism and Trade Banks have published their monthly performance reports.
Pasargad at the top and Post Bank at the bottom paying interest to depositors
Examining the performance reports of these banks shows that during the first eight months of this year, Pasargad Bank paid the most interest to customers’ deposits.
During the first eight months of this year, Pasargad Bank has paid nearly 46 thousand billion tomans for deposits.
According to the latest statistics for the end of November of this year, Pasargad Bank has 579 deposits.
The highest interest paid by Pasargad Bank was for three-year long-term deposits, so that this bank paid nearly 27 percent of interest to this category of long-term deposits during the first eight months of this year.
After Pasargad Bank, the highest interest payments were related to Mellat and Tejarat Banks, so that these banks paid 43.8 and 33.6 thousand billion Tomans for deposits during the mentioned period, respectively.
Also, the lowest interest paid on deposits in the first eight months of this year was related to Post Bank, so that this bank paid only 1.4 thousand billion tomans interest on deposits.
After Post Bank of Iran, the lowest paid interest was related to the Middle East, so that this bank paid only about 3 thousand billion tomans interest on deposits.
According to the latest statistics, until the end of November this year, Iran Post Bank has deposits equivalent to 72.5 thousand billion tomans.
It should be noted that banks generally pay deposit interest in proportion to the amount of deposits they have, and the high volume of deposit interest payment in some banks does not mean that the interest rate is high in that bank.