BAKU, Azerbaijan, June 22
By Elnur Baghishov – Trend:
The Iranian banks issued loans worth 868 trillion rials (about $20.6 billion) in the industrial and mining sectors in Iran during first two months of the current Iranian year (from March 21 through May 21, 2021), Trend reports citing the statistics of Central Bank of Iran (CBI).
According to the statistics, about 112 trillion rials (about $2.66 billion) worth of loans were issued for the establishment of enterprises in the industrial and mining sectors during the reporting period.
"In addition, 693 trillion rials (about $16.5 billion) worth of loans were issued as working capital in these sectors," the statistics said.
Within the two months, 5.12 trillion rials (about $122 million) worth of loans were issued for repair work in the industrial and mining sectors, the statistics said.
According to the statistics, at the same time, 52.8 trillion rials (about $1.25 billion) worth of loans were issued for the development of Iran's industrial and mining sectors.
In total, 4.1 trillion rials (about $97.6 million) worth of loans were issued in Iran's industrial and mining sectors for the purchase of personal assets, 674 billion rials (about $16 million) for the purchase of housing, and 228 billion rials (about $5.42 million) for other purposes, the statistics said.
As reported, the Iranian banks issued loans worth about 2.74 quadrillion rials (about $65.2 billion) in various economic sectors in the first two months of the current Iranian year. This an increase of 46.6 percent, compared to the same period last Iranian year.