A network topology of the Iranian Interbank money market: Degree distribution analysis

The objective of this paper is to analyze the network topology of the Iranian overnight money market through methods of statistical mechanics applied to complex networks. We investigate differences in the activities of 33 Iranian banks dividing into different four types between 2010-2015. Using degree distribution analysis of the networks, we find that that Iranian interbank market network is scale-free network and cumulative degree, in-degree and out-degree follows the power-law distribution. Which shows that the Iranian interbank network is vulnerable to shocks and has high level of systemic risk.