Bank Shahr’s income and profitability continue to increase

to report Financial news According to the public relations of Bank Shahr, based on the published consolidated statement and loss, from the beginning of this year to the end of September 1402, the consolidated operating profit per share of Bank Shahr was two thousand and 26 rials, which represents about 48% of the profit per share of the entire bank. to give
Meanwhile, based on the audited interim consolidated financial statements, the non-operating profit per share of Shahr Bank was two thousand and 175 rials and the total net profit per share was four thousand and 97 rials. The consolidated net profit per share of Bank Shahr in the first six months of this year shows an increase of about 87% compared to the same period in 2011.
In the first six months of this year, with the measures taken to increase the share of low-cost resources, increase the granting of facilities, etc., on the one hand, Bank Shahr witnessed an increase in the income from the granted facilities, deposits and debt securities, and on the other hand, it managed to manage in such a way that the cost of interest Payment to deposits faces limited growth. As a result of these two measures, the net income of facilities and deposits, or the balance of the bank, has reached 53 thousand 236 billion, which indicates a growth of 264% compared to the same period last year.
According to the consolidated financial statements, Bank Shahr’s fee income has increased by 141% compared to the first six months of the previous financial year and has reached more than 35 thousand billion Rials, which is a significant growth in the banking system.
The total operating income of the bank also increased by 165% compared to the end of September 1401 and reached 85,683 billion rials at the end of summer this year.