Stabilization of stable income streams of Sina Bank

According to the financial news report, based on this report, Sina Bank’s executive policies regarding deposit attraction have been effective, and in the past year, we have seen an impressive growth of 25.3 thousand billion tomans in the deposits of this bank, and their total has reached about 80 thousand billion tomans. . It is clear that the greater the amount of resources available to the bank, the greater the power of providing facilities and, as a result, earning money from the place of granting facilities. Under the influence of the increase in the bank’s ability to provide facilities, the amount of facilities granted in December 1402 was reported to be more than 10,200 billion tomans, which shows a 75% growth compared to December 1401.

With the mentioned performance, the main income channel of Sina Bank, i.e., the income from granting facilities, has reached more than 6,256 billion Tomans by registering a growth of 1,556 billion Tomans in the first 9 months of this year compared to the same period last year. Meanwhile, in December of this year, a new income record has been registered for Sina Bank by identifying 913 billion tomans of income from the facility. In the previous month, this income was reported as 797 billion tomans, which means that within the last month, we have seen an increase of 116 billion tomans in the value of the income coming into the bank’s business from the place of granting facilities.

The difference between the operation of Sina Bank and other competitors is that, despite the increase in the income from granting facilities, the interest paid to depositors, which is the main channel of business cash outflow, has only increased by two billion tomans, and this means the optimal and economic management of available resources in this bank. .

Vesina is one of the few banking symbols that reports a positive operating balance. In the period of 9 months ending in December 1402, the operational balance of the bank was calculated as a positive figure of four thousand and 530 billion tomans, which compared to the same period, we see a significant jump of 91% of this important financial index. The improvement of the operating balance in the banking industry is like the growth of the operating profit margin in the manufacturing and commercial industries, and it promises to make more profit than the previous period.

Based on the survey, a significant growth in the amount of bank deposits with other banks can be seen; In this way, the balance of Rial and foreign currency deposits with other banks was reported to be only 15 billion Tomans in December 1401, and this figure has reached more than 10,400 billion Tomans in December of this year. This increase in deposit volume in the past 9 months has brought an income worth 1,150 billion tomans for Sinabe Bank.

It should be noted that, as in the previous period, the cash flow due to financial expenses has not been removed from the financial cycle of the bank’s business.