Shareholders of Bank Saderat should read / Why did the balance of “Websadr” become negative?

According to Tejarat News, the latest report published by Saderat bank On Kadal website, it is related to the financial performance report of this bank in August. In the month ending August, Bank Saderat has earned 2752 billion Tomans from facilities. Also, the interest on investment deposits to customers in August was 2766 billion tomans, which in this month, the level of “Websadr” was about 0.5 percent negative.

Also, “Websadr” with a registered capital of 175.35 billion Tomans during the 5 months of this year has earned 12574 billion Tomans from the facility interest and has paid 120.70 billion Tomans in deposit interest. Therefore Saderat bank During the cumulative performance, it recorded a positive balance of 4%.

The balance of Bank Saderat in August has decreased by half compared to July of this year. The bank also distributed a cash dividend of 11 Rials per share at the Annual General Meeting held for the fiscal year 1399. The net profit of “Websadr” was 11752 billion Tomans and the accumulated profit of this bank was 3092 billion Tomans.

Export Bank last year

Company Saderat bank Iran has earned a profit of 737 Rials per share in the 12-month period ending March 21, 2017 in the consolidated financial statements. Which has increased by 984% compared to the same period of the previous year.

Also, “Websadr” with a registered capital of 17535 billion Tomans during the 12 months leading up to March 2017 has achieved a profit of 12922 billion Tomans.