BAKU, Azerbaijan, Oct. 21
By Elnur Baghishov – Trend:
Iranian banks issued loans worth 3.73 quadrillion rials (about $88.7 billion) in the industrial and mining sectors in Iran, 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 487 trillion rials (about $11.6 billion) worth of loans were issued for the establishment of enterprises in the industrial and mining sectors during the reporting period.
In addition, 2.95 quadrillion rials (about $70.1 billion) worth of loans were issued as working capital in these sectors.
Within six months, 46.3 trillion rials (about $1.1 billion) worth of loans were issued for repair work in industrial and mining sectors.
According to the statistics, at the same time, 222 trillion rials (about $5.29 billion) worth of loans were issued for the development of Iran's industrial and mining sectors.
In total, 15.2 trillion rials (about $363 million) worth of loans were issued in Iran's industrial and mining sectors for the purchase of personal assets, 6.7 trillion rials (about $160 million) for the purchase of housing, and 1.31 trillion rials (about $31.2 million) for other purposes, the statistics said.
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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