319 and 239 percent growth in the opening amounts of domestic letters of credit and guarantees issued by Post Bank

According to the report of financial news, quoted from the General Department of Public Relations of Post Bank of Iran, according to the report of the General Department of Credits, with the monthly assessment of the management of the branches of the provinces and regions of Tehran, in the last 9 months, 76% of the bank’s commitments for issuing guarantees and opening internal letters of credit According to the quantitative goals, the monitoring of the bank has been achieved in 1401 and by the end of December, 10,143 guarantees and letters of credit in the amount of more than 60,401 billion Rials have been issued in the bank’s branches, which in terms of number compared to the end December of last year shows a growth of 74 and 283 percent, respectively.

This report shows that in December of this year, 9,982 guarantees worth more than 51 thousand and 813 billion Rials were issued in bank branches, which has grown by 74% and 239% in terms of amount compared to the end of December last year.

Also, Post Bank of Iran during the last December compared to the same period of the previous year, from 42 domestic letters of credit in the amount of 2 thousand 051 billion Rials to 161 cases and in the amount of more than 8 thousand 588 billion Rials, respectively, 283 and It shows 319% growth.

According to this report, the performance of commitments (issuance) of the management of the branches of the provinces and regions of the country has grown by 76% during this period, and the management of the branches of Kermanshah province is at the top with 205% of the performance of commitments (issuance) according to the quantitative goals, monitoring and monitoring of the bank until the end of December. The management of the branches of the provinces of the country and the management of the branches of Isfahan province and the eastern region of Tehran province are ranked second and third in the country with 200 and 184 percent, respectively.

Also, this report adds: the balance of the bank’s obligations, according to the quantitative goals, monitoring and surveying of this year at the end of December of this year, shows a growth of 71%, and the eastern region of Tehran province ranks first in the country with 188% of the realization of this goal, and after The management of the branches of Kermanshah and Kurdistan provinces took the second and third place with 155 and 152 percent.

According to this report, the management of the eastern branches of Tehran province has achieved 31.4% of the total performance of the obligations issued in issuing guarantees and opening domestic letters of credit until the end of last December, and the management of Isfahan and Kurdistan branches has achieved 26.7% and 7.6% respectively. They are in the next ranks.