BAKU, Azerbaijan, July 14
By Elnur Baghishov – Trend:
The number of loans issued to startups in Iran increased by 247 percent during the first three months of the current Iranian year (from March 21through June 21, 2021), compared to the same period last Iranian year, Trend reports citing the statistics of the Central Bank of Iran (CBI).
According to the statistics, Iranian banks and financial institutions provided loans to 558 startup companies worth 127 trillion rials (about $3.03 billion) over the 3 months.
“The loans were mainly issued by Bank Melli Iran – 30.2 trillion rials (about $719 million), Bank Saderat Iran – 19.7 trillion rials (about $469 million) and Bank Mellat Iran – 19.2 trillion rials (about $457 million),” the statistics said.
So, 39.8 trillion rials (about $949 million) of loans within the three months, were issued by state-owned banks, 41.9 trillion rials (about $998 million) by privatized banks and 45.3 trillion rials (about $1.08 billion) by private banks and financial institutions, the statistics said.
|
Loans by months |
Amount of loans |
|
1st month of the current Iranian year (March 21 through April 20, 2021) |
539 million |
|
2nd month of the current Iranian year (April 21 through May 21, 2021) |
1.26 billion |
|
3rd month of the current Iranian year (May 22 through June 21, 2021) |
1.18 billion |
|
Total |
3.03 billion |