{"id":22358,"date":"2017-03-13T18:26:35","date_gmt":"2017-03-13T18:26:35","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/issues\/economy\/22358-iranian-banks-debts-increase-by-173-in-10-months"},"modified":"2023-01-17T07:09:16","modified_gmt":"2023-01-17T06:09:16","slug":"iranian-banks-debts-increase-by-173-in-10-months","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/economy\/iranian-banks-debts-increase-by-173-in-10-months\/","title":{"rendered":"\u00a0Iranian Banks&#8217; Debts Increase by 173% in 10 Months"},"content":{"rendered":"<p><img decoding=\"async\" title=\"img_740959_main\" class=\" size-full wp-image-48292\" src=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/sites\/2\/2017\/03\/img_740959_main.jpg\" alt=\"img_740959_main\" width=\"400\" height=\"250\" srcset=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2017\/03\/img_740959_main.jpg 400w, https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2017\/03\/img_740959_main-300x188.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/p>\n<p>NCRI &#8211;\u00a0Non-governmental banks and credit unions in Iran have seen their debts to the Central Bank increase in the past 10 months by $5.7 billion.<\/p>\n<p>Numbers published on banks\u2019 debts in the period of January 2017 show the debts of non-government banks and credit unions to Iran\u2019s Central Bank have increased by 173.7% and reached $8.9 billion.<\/p>\n<p>In the span of one month alone, this debt increased from $6.9 billion to $8.9 billion. The total debt of all banks to the Central Bank is valued at $28.7 billion, showing a 30.6% increase in comparison to March 2016.<\/p>\n<p>The debt owed by state and specialized banks from March 2016 to January 2017 reached $1.03 billion. Considering the rising debts, banks in Iran are in deteriorating conditions.<\/p>\n<p>The Tehran Stock Market witnessed Mellat Bank shares lose 45% of their value on Wednesday. There is also a possibility of Sarmaye Bank going bankrupt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NCRI &ndash;&nbsp;Non-governmental banks and credit unions in Iran have seen their debts to the Central Bank increase in the past 10 months by $5.7 billion. Numbers published on banks&rsquo; debts [&#8230;]<\/p>\n","protected":false},"author":10,"featured_media":48292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[175],"class_list":{"0":"post-22358","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-updated"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u00a0Iranian Banks&#039; Debts Increase by 173% in 10 Months - NCRI<\/title>\n<meta name=\"description\" content=\"NCRI -\u00a0Non-governmental banks and credit unions in Iran have seen their debts to the Central Bank increase in the past 10 months by $5.7 billion. 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