Karafarin Bank Net Profit Up 174%

The Bank’s performance assessments show that in June 2021, its net profits grew by 174% to reach IRR2,436 billion compared to the similar period in previous year.
Loans and deposits income also enjoyed considerable increase by IRR6,500 billion, (88% growth).
This report also indicates that commission income also experienced a two-digit growth. Hence, in June 2021, Karafarin Bank’s commissions grew by 67% compared to the similar period in previous year.
And last but not least, during the same period, the Bank’s net profits grew by IRR1,547, from IRR889 billion to reach IRR2,436 billion, indicating a 174% growth.
Publish Date: Oct 3, 2021