BAKU, Azerbaijan, September 12
By Elnur Baghishov – Trend:
The loans worth 16.1 trillion rials (about $383 million) were issued to manufacturing enterprises in the Semnan Province (northern Iran) since 6th month of the last Iranian year (August 22-September 21, 2019), Chairman for Industry, Mine and Trade Organization of Semnan Province Ali Teshnedel said, Trend reports citing the organization.
The chairman noted that these loans were issued to 614 industrial and agricultural enterprises in the province.
He added that 12.2 trillion rials (about $290 million) of these loans were issued to 387 enterprises to increase production.
Teshnedel stressed that 3.91 trillion rials (about $93 million) of these loans were issued to 227 enterprises related to employment.
According to the chairman, 26 percent of the loans were issued by the Bank Melli Iran, 16 percent by Tejarat Bank, 14 percent by Saderat Bank, 12 percent by Sepah Bank, 10 percent by Mellat Bank, and 9 percent by the Bank of Industry and Mine.