Revenues rose 45%, cost of money jumped 67%, core profit halved and capital adequacy receded.
Gentlemen, managers of Tejarat Bank! Do not work with this banking method, it is more beneficial to Rial! In the first six months of 1405, Tejarat Bank earned more revenue, but it left more expenses in the hands of the bank, its gross profit almost halved and the cost of serviced obligations increased by about sixfold. The capital adequacy ratio also decreased and income from commissions lagged behind. This report creates a serious demand: when the result of more activity is an increase in costs and a decrease in the ability to generate profits, how does continuing the same management method help our country's monetary policy and maintain the value of the real? Click the link below to read more.