BAKU, Azerbaijan, Oct. 21
By Elnur Baghishov – Trend:
Iranian banks issued loans worth 879 trillion rials (about $20.9 billion) in the agricultural sector of the country, during the first six months of the current Iranian year (from March 21 through September 22, 2021), Trend reports citing the statistics of the Central Bank of Iran (CBI).
According to the statistics, about 182 trillion rials (about $4.32 billion) worth of loans was issued for the establishment of enterprises and the planting of gardens, and arable lands in the agricultural sector.
In addition, 604 trillion rials (about $14.3 billion) worth of loans was issued as working capital in the agricultural sector.
"The loans worth 3.71 trillion rials (about $88.3 million) were issued for repair work in the agricultural sector of Iran within 6 months," the statistics said.
According to the statistics, at the same time, 55 trillion rials (about $1.31 billion) worth of loans was issued for the development of Iran's agricultural sector.
Moreover, 7.93 trillion rials (about $188 million) worth of loans were issued for the purchase of personal assets in the agricultural sector, 803 billion rials (about 19.1 million) for the purchase of housing, and 25.3 trillion rials (about $602 million) for other purposes.
As reported, the Iranian banks issued loans worth about 12.4 quadrillion rials (about $295 billion) in various economic sectors in the first six months of the current Iranian year. This figure stood at 4.55 quadrillion rials (about $108 billion) in the same period last Iranian year.
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