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Iran unveils volume of loans issued to Golestan Province

Finance Materials 28 October 2020 18:34 (UTC +04:00)
Iran unveils volume of loans issued to Golestan Province

BAKU, Azerbaijan, Oct.28

By Elnur Baghishov – Trend:

A total of 3.67 trillion rials (about $87.4 million) worth of loans have been issued to manufacturing enterprises in the Golestan Province (northeastern Iran) since the beginning of 5th month of current Iranian (July 23, 2020), Chairman of Industry, Mine and Trade Organization of Golestan Province Hossein Toluian said, Trend reports referring to the organization’s website.

According to him, these loans were issued to 84 manufacturing enterprises in the province.

The chairman added that the loans worth 2.27 trillion rials (about $54 million) were issued to 37 manufacturing enterprises to maintain employment.

“In addition, the loans worth 1.44 trillion rials (about $34.2 million) were issued to 47 manufacturing enterprises in the province to increase manufacturing,” he noted.

Toluian said that applications related to issue loans to 241 manufacturing enterprises were investigated during the reporting period. And it was applied to the banks to issue loans worth 19.1 trillion rials.

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