BAKU, Azerbaijan, Nov. 3
By Elnur Baghishov - Trend:
The loans worth 3.82 quadrillion rials (about $90.9 billion) were issued for the Iranian economic sector from March 21 through September 22 of this Iranian year, the Central Bank of Iran said, Trend reports referring to the bank’s website.
The volume of loans increased by 26 percent from March 21 through September 22 compared to the same period of last year. The loans worth 2.11 quadrillion rials (about $50.2 billion) were issued for the economic sector as part of the support for capital turnover.
The table shows the purpose for the loan issuance. The amounts are indicated in billion rials.
Loan purpose |
Agriculture |
Industry and mining |
Housing construction |
Trade |
Services |
Others |
All sectors |
|||||||
Sum |
Share in % |
Sum |
Share in % |
Sum |
Share in % |
Sum |
Share in % |
Sum |
Share in % |
Sum |
Share in % |
Sum |
Share in % |
|
Establishment of enterprise |
61.360 |
19.2 |
120.928 |
10.2 |
37.857 |
13.3 |
28.887 |
4.2 |
160.378 |
11.9 |
136 |
3.7 |
409.545 |
10.7 |
Capital turnover |
197.644 |
62 |
861.959 |
72.8 |
73.712 |
26 |
287.773 |
41.8 |
687.421 |
51.2 |
3.172 |
87.2 |
2,111.681 |
55.3 |
Repair |
1.569 |
0.5 |
5.170 |
0.4 |
60.549 |
21.3 |
1.854 |
0.3 |
46.278 |
3.4 |
45 |
1.2 |
115.466 |
3 |
Expansion |
28.809 |
9 |
147.188 |
12.4 |
7.533 |
2.7 |
63.488 |
9.2 |
124.064 |
9.2 |
170 |
4.7 |
371.253 |
9.7 |
Purchase and sale of products |
6.182 |
1.9 |
32.783 |
2.8 |
1.838 |
0.6 |
290.314 |
42.1 |
110.632 |
8.2 |
65 |
1.8 |
441.815 |
11.6 |
Purchase and sale of apartments |
797 |
0.2 |
5.570 |
0.5 |
99.058 |
34.9 |
2.411 |
0.3 |
15.935 |
1.2 |
15 |
0.4 |
123.785 |
3.2 |
Others |
22.397 |
7 |
10.047 |
0.8 |
3.242 |
1.1 |
14.432 |
2.1 |
197.667 |
14.7 |
34 |
0.9 |
247.820 |
6.5 |
Total |
318.759 |
100 |
1,183.646 |
100 |
283.789 |
100 |
689.160 |
100 |
1,342.375 |
100 |
3.636 |
100 |
3,821.365 |
100 |
The table shows the loans issued for the economic sector by banks and financial institutions. The amounts are indicated in billion rials.
Bank / Economic sector |
Agriculture |
Industry and mining |
Housing construction |
Trade |
Services |
Others |
All sectors |
|||||||
Quantity |
Sum |
Quantity |
Sum |
Quantity |
Sum |
Quantity |
Sum |
Quantity |
Sum |
Quantity |
Sum |
Quantity |
Sum |
|
All banks and financial institutions |
672.742 |
317.759 |
208.084 |
1,183.646 |
509.740 |
283.789 |
1,290.009 |
689.160 |
1,745.766 |
1,342.375 |
768 |
3.636 |
4,427.109 |
3,8121.365 |
In accordance with the official exchange rate, $1 costs 42,000 rials. In the black market, $1 costs about 111,000 rials.