32% increase in the balance of deposits in the banking network

According to Iran Economist’s report on Thursday from the Central Bank’s public relations, based on the report on the total balance of deposits and facilities in Rials and foreign currencies of banks and credit institutions, the highest amount of deposits is related to Tehran province with a balance of 34699.3 thousand billion Rials and the lowest amount is related to Kohgiluyeh province and Boyer Ahmad is equivalent to 180.9 thousand billion Rials.

Also, the total balance of the facilities is 48326.8 thousand billion Rials, which is 12166.3 thousand billion Rials (33.6%) compared to the same period of the previous year and 6907.6 thousand billion Rials (16.7%) compared to the end of the previous year. It has increased. The largest amount of facilities related to Tehran province with a balance of 28,546.7 thousand billion rials and the lowest amount related to Kohgiluyeh and Boyer Ahmad provinces is equivalent to 185.1 thousand billion rials.

The ratio of facilities to deposits after deducting the legal deposit is 82.4%, which at the end of this month has increased by 1.3 percentage points compared to the same period last year and decreased by 0.9% compared to the end of the previous year.

The mentioned ratio in Tehran province is 90.6% and in Kohgiluyeh and Boyer Ahmad province is 115.4%.

One of the important reasons for the high number of facilities and deposits in Tehran province is the establishment of the headquarters of many companies and production institutions of other provinces in Tehran province, and most of their banking activities are carried out through branches of banks and credit institutions in Tehran province.