Banking and insuranceEconomicalEconomicalBanking and insurance

260% jump in Bank Mellat’s net profit/profit of 4700 billion tomans reached 17.000 billion tomans


According to the report of Iran Economist, citing Bank Mellat’s public relations, the net profit of Webmelt at the end of December last year was around 4.700 billion tomans, which at the end of 9 months of this year has reached more than 17.000 billion tomans with a growth of 260%.
According to this report, the basic profit per share of Bank Mellat increased from 181 Rials at the end of the third quarter of last year to 651 Rials at the end of 9 months of this year, which shows a growth of 260%.
At the same time, the operating profit per share of Webmelet increased by 213% from 226 Rials to 707 Rials.
The 9-month report published by the 262.000 billion rials bank of Mellat indicates that the income from granted facilities, deposits and mortgage bonds of this privatized bank has been recorded at the end of December this year, about 765.012 billion rials, which is compared to the amount of 464.230 billion rials at the same time of the year. In the past, it has experienced a growth of 65%.
While the net fee income of Mellat Bank was 23.119 billion Rials at the end of the autumn season last year, at the end of the third quarter of this year, it was reported to be more than 49.270 billion Rials with a growth of 113%.
Based on this, the total operating income of WebMallet has recorded a figure of nearly 520.555 billion Rials from 248.067 billion Rials with an increase of 110% at the end of December this year.
According to this report, Bank Mellat has faced a growth of 1274% in other operating incomes and expenses, and the figure of this index has approached from 4.098 billion Rials to 56.311 billion Rials.

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