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Iranian banks pay $14B in loans to industry and mining sectors

Business Materials 25 October 2014 14:00 (UTC +04:00)

Baku, Azerbaijan, Oct.25

By Fatih Karimov - Trend:

Iranian banks paid $14 billion in loans to industry and mining sectors in the first half of the current year.

Totally, the Iranian banking system paid $45 billion to different sectors of the national economy in the six-month period, Iran's ISNA news agency reported on October 25.

Around $9.5 billion was paid to industry and mining sectors in the first half of the past year.

USD exchange rate in Iran is about 32,000 rials.

The current Iranian calendar year began on March 21.

Along with industry and mining sectors, the highest amounts of loan have been paid to agriculture, housing, commerce, and service sectors.

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