The last figure of the balance of bank facilities and deposits

According to the report of Iran Economist, according to the Central Bank’s report on the total balance of deposits and facilities in Rial and foreign currencies of banks and credit institutions by province at the end of October of this year, the total balance of deposits has reached 6426.5 thousand billion tomans, which is compared to the period Similar to the previous year and the end of last year, it shows an increase of 32.8 and 16.2 percent.

Also, the highest amount of deposits is related to Tehran province with a balance of 3,413.3 thousand billion tomans and the lowest amount related to Kohgilouye and Boyer Ahmad provinces is equal to 17.8 thousand billion tomans.

In addition, the total balance of the facility at this time is 4714.3 thousand billion tomans, which has increased by 32.9 and 13.8 percent compared to the same period of the previous year and the end of last year.

According to this report, the largest amount of facilities is related to Tehran province with a balance of 2805.7 thousand billion tomans, and the lowest amount related to Kohgiluyeh and Boyer Ahmad provinces is equal to 17.9 thousand billion tomans.

The ratio of facilities to deposits after deducting the legal deposit is 81.7%, which shows an increase of 0.3% compared to the same period of the previous year and a decrease of 1.5 percentage points compared to the end of last year. The ratio in Tehran province is 90%. 4 percent and Kohgiluyeh and Boyer Ahmad province is 113.2 percent.

In this report, one of the important reasons for the high number of facilities and deposits in Tehran province is the establishment of 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.