Banking and insuranceEconomical

Bank Shahr’s impressive performance in the first quarter of 2011


According to Iran Economist, citing the public relations of Bank Shahr, based on the information published in the Kodal system, Bank Shahr has recognized a profit of 585 Rials for each share this spring. Rial had recognized profit.
The 3-month performance of Bank Shahr has been accompanied by a growth of 359%, and the total net profit reached 911 billion Tomans. Meanwhile, the total operating income was 673 billion Tomans, which has witnessed an increase of 7% compared to the same period last year.
Of course, the net role of other incomes and expenses on the profit of 585 rials was not without effect, the net of other incomes and expenses was about 706 billion tomans.

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