Foreign assets in hold of Iranian banks increased in current year

Young journalists club

News ID: 6201
Iran » Iran
Publish Date: 18:36 - 02 February 2015
Tehran, YJC. The value of assets from abroad that are held by Iranian banks has increased by nearly one-fifth within the first 9 months of the current Iranian year.

According to a balance sheet released by the Central Bank of Iran on Monday, the foreign assets held by Iranian banks and credit institutions increased by 19 percent in the first 9 months of the current Iranian-calendar year (starting on March 21).

According to the Central Bank report, the value of the foreign assets of Iranian banks surpassed $78.1 billion in December 2014.

The figure stood at $35.6 billion in December 2012.

Meanwhile, net foreign assets held by the Central Bank of Iran showed a 14 percent increase in the first half of the Iranian calendar year, reaching $63 billion.

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