Iran banks’ foreign assets up 19% in 9 month period

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News code : ۲۶۹۰۰۰

ILNA: The value of overseas assets of Iranian banks has increased by nearly one - fifth within a 9 - month period.

The balance sheet released by the Central Bank of Iran indicates that the foreign assets held by Iranian banks and credit institutions increased by ۱۹% in the first ۹ months of the Persian calendar year(March ۲۱ - March ۲۰).

According to the CBI report, the value of the foreign assets of Iranian banks exceeded USD۷۸.۱ billions in December ۲۰۱۴.

The figure stood at USD۳۵.۶ billions in December ۲۰۱۲.

Meanwhile, net foreign assets held by the Central Bank of Iran showed a ۱۴% increase in the first half of the Iranian calendar year(March ۲۱ - March ۲۰), reaching USD۶۳ billions.

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