BAKU, Azerbaijan, Sept. 9
By Elnur Baghishov – Trend:
The Iranian banks issued loans worth 2.75 quadrillion rials (about $65.6 billion) in the industrial and mining sectors in Iran during the first five months of the current Iranian year (from March 21 through August 22, 2021), Trend reports citing the statistics of the Central Bank of Iran (CBI).
According to the statistics, about 347 trillion rials (about $8.26 billion) worth of loans was issued for the establishment of enterprises in the industrial and mining sectors during the reporting period.
In addition, 2.19 quadrillion rials (about $52.1 billion) worth of loans was issued as working capital in these sectors.
Within the five months, 33 trillion rials (about $786 million) worth of loans were issued for repair work in the industrial and mining sectors.
According to the statistics, at the same time, 166 trillion rials (about $3.95 billion) worth of loans was issued for the development of Iran's industrial and mining sectors.
In total, 11.7 trillion rials (about $280 million) worth of loans was issued in Iran's industrial and mining sectors for the purchase of personal assets, 5.04 trillion rials (about $120 million) for the purchase of housing, and 878 billion rials (about $20.9 million) for other purposes, the statistics said.
As reported, the Iranian banks issued loans worth about 9 quadrillion rials (about $214 billion) in various economic sectors in the first four months of the current Iranian year. This figure stood at 3.05 quadrillion rials (about $72.7 billion) in the same period last Iranian year.
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