BAKU, Azerbaijan, Oct. 21
By Elnur Baghishov – Trend:
The amount of loans issued by Iranian banks to startup companies in the country increased by 102.6 percent, during the first six months of the current Iranian year (March 21 through September 22, 2021), compared to the same period last Iranian year, Trend reports citing the statistics of Central Bank of Iran (CBI).
According to the statistics, Iranian banks issued loans worth about 199 trillion rials (about $4.73 billion) to 857 startups during 6 months.
The largest loans in six months were issued by the Bank Melli Iran for 54.6 trillion rials (about $1.3 billion), by the Bank Mellat Iran for 46.6 trillion rials (about $1.1 billion) and by Bank Saderat Iran for 39.8 trillion rials (about $948 million).
Within 6 months, state-owned banks issued loans worth 77.8 trillion rials (about $1.85 billion), private banks 91.7 trillion rials (about $2.18 billion) and financial institutions 29.3 trillion rials (about $698 million).
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