Parsian Bank Shows Its Edge: 4 Achievements in 6 Months

In the first half of 1405, Parsian Bank posted a notably different performance, with growth in operating revenue, a meaningful shift in its financial balance from negative to positive, and increases in outstanding facilities and deposits.

According to the report of Ambassador Arjan, quoting the public relations of Parsian Bank, at the end of the first six months of 1405, this bank registered four important developments in its operational and financial indicators; Developments that include the increase in incomes, the passing of the financial balance from the negative range, and the expansion of the volume of facilities and deposits.

First; 72% growth in operating income Parsian Bank's operating income reached 542,427 billion rials at the end of September 1405 with a growth of 72.05% compared to the same period last year. This increase indicates the strengthening of the bank's income generation capacity compared to the first half of last year.

Second; Turning the financial balance from negative to positive One of the most important changes in Bank Parsian's portfolio is the transformation of its financial balance. This index, which was equal to negative 123,820 billion Rials at the end of the first six months of 1404, reached positive 54,646 billion Rials in the same period of 1405.

In this way, the financial balance of the bank has improved by 178,466 billion Rials compared to the same period of the previous year; A change that is not just a numerical increase, but indicates the passing of this index from a negative state to a positive range.

third; The 116% jump in the balance of the facilities granted by Parsian Bank also reached 896 hemats at the end of the first six months of this year with an increase of 116%. This increase indicates the significant expansion of the volume of bank facilities; However, a detailed evaluation of its effects on the bank's performance requires an examination of the quality of claims, the composition of facilities and the amount of their collection.

fourth; 75.6% growth of investment deposits On the other side of the balance sheet, the balance of investment deposits of Parsian Bank reached 773 hemats with a growth of 75.6%. The increase of this index, along with the growth of the facility balance, shows the dimensions of the expansion of the bank's activity in the sector of equipping and allocating resources.

Four indicators, an important change in Parsian Bank's six-month performance can be summarized in four numbers: 72.05% growth in operating income, improvement of 178,466 billion Rials in financial balance, 116% increase in facility balance and 75.6% growth in investment deposits.

Among these indicators, the change of the financial balance from negative to positive is considered the most prominent evolution of the period.