BAKU, Azerbaijan, Nov. 27
By Elnur Baghishov - Trend:
During the seven months (March 21-Oct. 22) of this Iranian year (began March 21, 2019), the Bank Melli Iran issued loans to slightly over 1 million facilities operating in various economic sectors, Trend reports referring to the bank’s website.
Loans worth 627 trillion rials (about $14.9 billion) have been allocated to facilities operating in agriculture, processing, industry, mining, housing, construction, trade and other sectors, according to the report.
The report noted that 18,200 loans worth 104 trillion rials (about $2.4 billion) were issued in the industrial and mining sectors.
The Bank Melli Iran allocated 43,200 loans worth 12.5 trillion rials (about $299 million) to the housing and construction sector in the reporting period.
As many as 42,400 loans worth 19.8 trillion rials (about $472 million) were allocated in the agriculture and processing industry.
The Bank Melli Iran allocated over 832,000 loans worth 429 trillion rials (about $10.2 billion) to the facilities operating in the services sector and 290 loans worth 2 trillion rials (about $47.7 million) to the facilities operating in the exports sector in the reporting period.
Facilities operating in the commercial sector received 79,400 loans worth 58.5 trillion rials (about $1.3 billion) in the mentioned period.