BAKU, Azerbaijan, Aug. 15
By Elnur Baghishov – Trend:
The Iranian banks issued loans worth 2.15 quadrillion rials (about $51.3 billion) in the industrial and mining sectors in Iran during the first four months of the current Iranian year (from March 21 through July 22, 2021), Trend reports citing the statistics of the Central Bank of Iran (CBI).
According to the statistics, about 274 trillion rials (about $6.52 billion) worth of loans were issued for the establishment of enterprises in the industrial and mining sectors during the reporting period.
In addition, 1.71 quadrillion rials (about $40.8 billion) worth of loans were issued as working capital in these sectors.
Within the four months, 28.4 trillion rials (about $678 million) worth of loans were issued for repair work in the industrial and mining sectors.
According to the statistics, at the same time, 120 trillion rials (about $2.85 billion) worth of loans were issued for the development of Iran's industrial and mining sectors.
In total, 9.94 trillion rials (about $236 million) worth of loans were issued in Iran's industrial and mining sectors for the purchase of personal assets, 4.53 trillion rials (about $108 million) for the purchase of housing, and 584 billion rials (about $13.9 million) for other purposes, the statistics said.
As reported, the Iranian banks issued loans worth about 7.01 quadrillion rials (about $167 billion) in various economic sectors in the first four months of the current Iranian year. This an increase of 55.5 percent, compared to the same period last Iranian year.
---
Follow the author on Twitter:@BaghishovElnur