Iran’s Bank Mellat recorded a capital adequacy ratio of approximately 13.5% based on approved financial statements, the bank reported on December 15.
The capital adequacy ratio is one of the most important indicators for assessing risk and the financial strength and health of banks, reflecting the optimal composition of risk-weighted assets.
According to the Central Bank of Iran's latest standards, this figure must be at least 8% which several banks and other banking institutions have failed to meet due to the ongoing financial situation and capital adequacy of banks in Iran.
Following two capital increases from retained earnings and revaluation of fixed assets, Bank Mellat's capital reached IRR2,380tn ($4.76bn), making it the largest listed bank in the country.
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