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Iran official reveals loans repaid by Keshavarzi Bank to various sectors in Kohgiluyeh and Boyer-Ahmad province

Finance Materials 16 April 2020 14:37 (UTC +04:00)
Iran official reveals loans repaid by Keshavarzi Bank to various sectors in Kohgiluyeh and Boyer-Ahmad province

BAKU, Azerbaijan, April 16

By Elnur Baghishov - Trend:

Keshavarzi Bank of Iran repaid loans worth 7.06 trillion rials (about $168 million) to various sectors in the Kohgiluyeh and Boyer-Ahmad province in southeastern Iran in the last Iranian year (March 21, 2019 to March 20, 2020), said director of Keshavarzi Bank in Kohgiluyeh and Boyer-Ahmad province Behnam Farrokhbakhsh, Trend reports citing IRNA.

According to Farrokhbakhsh, the loans were repaid to 18,400 people.

He went on to add that 1.78 trillion rials (about $42.4 million) were repaid to 3,720 people working in the livestock sector, some 204 billion rials (about $4.85 million) - to 216 people from the fisheries sector.

"As much as 76 billion rials (about $1.8 million) loans were issued for water and land development,” he said.

Farrokhbakhsh also named the other sectors: 68 billion rials (about $1.61 million) for 178 people in the beekeeping sector, 270 billion rials (about $6.42 million) for 180 people in the greenhouse sector, 568 billion rials (about $13.5 million) for 65 people in agriculture-related industries.

Farrokhbakhsh said that Keshavarzi Bank provided 72 billion rials (about $1.7 million) to 458 people for agricultural emergencies (such as floods).

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