BAKU, Azerbaijan, August 2. Iranian banks issued loans worth 3.06 quadrillion rials (about $73 billion) in the industrial and mining sectors of the country during the first three months of the current Iranian year (March 21 through June 21, 2023), Trend reports.
According to the statistics of the Central Bank of Iran (CBI), 424 trillion rials (about $10.1 billion) of the mentioned amount were issued for the establishment of enterprises in the industrial and mining sectors.
Meanwhile, approximately 2.53 quadrillion rials (about $60.2 billion) worth of loans were issued as working capital in these sectors.
Within 3 months, about 88.8 trillion rials (about $2.11 billion) worth of loans were issued for the development of Iran's industrial and mining sectors.
In addition, 2.07 trillion rials ($49.2 million) worth of loans were issued for self-employment in the industrial and mining sectors and 8.16 trillion rials (about $194 million) for the purchase of housing.
At the same time, 2.43 trillion rials (about $58 million) worth of loans were issued for repair work in the industrial and mining sectors, as well as 12.2 trillion rials (about $292 million) for the purchase of personal assets.
In total, the Iranian banks issued loans worth approximately 7.85 quadrillion rials (about $187 billion) in various economic sectors within the first 3 months of the current Iranian year.
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