BAKU, Azerbaijan, December 20. The income of Bank Saderat Iran is expected to increase by 17 percent for the current Iranian year (March 21, 2022 through March 20, 2023), Trend reports referring to IBENA News Agency.
According to the report, the income of Saderat Bank for the current Iranian year is expected to be 485 trillion rials (about $11.6 billion), while in the last Iranian year (March 21, 2021 through March 20, 2022), the figure stood at 414 trillion rials (about $9.87 billion).
Within the first eight months of the current Iranian year (March 21 through November 21, 2022), the bank's income amounted to approximately 324 trillion rials (about $7.7 billion).
In 8 months, the Bank Saderat Iran's income from loans amounted to 260 trillion rials (about $6.19 billion).
At the same time, the bank's income from bonds was 4.15 trillion rials (about $98.8 million) during the reporting period.
Moreover, the bank’s income from investments amounted to 23.9 trillion rials (about $569 million) in 8 months.
Also, Saderat Bank's income from commission fees amounted to 35.4 trillion rials (about $844 million).
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