Banking and insuranceEconomicalEconomicalBanking and insurance

The net profit of “Economian Bank” tripled


According to the report of financial financial news, quoted by the publishers’ comprehensive information system (Kedal), based on the financial statements for the six months ending in September 1402 (unaudited), the net profit of Eketsannovin Bank in the first half of this year reached 3091 billion tomans, which is 3091 billion tomans compared to the same period last year. It grew by 226% and has more than tripled.

Also, the basic profit per share has increased from 31.8 Tomans at the end of September 1401 to 104.9 Tomans in the mentioned period. In this period, non-shared revenues reached 4348 billion tomans, which shows a 122% growth compared to the same period last year. Common revenues also increased from 11,551 billion tomans to 15,986 billion tomans, which represents a 38% growth.

Also, the balance of deposits received by this bank increased by 28% during the six-month period ending on 31 September 1402 compared to the same period of the previous year, which is the highest growth rate in the banking network. In the mentioned period, the bank’s fee income reached 2,083 billion tomans with a 93% growth compared to the same period last year.

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