...

Iran announces amount of loans issued to manufacturing enterprises

Finance Materials 25 October 2021 13:51 (UTC +04:00)
Iran announces amount of loans issued to manufacturing enterprises

BAKU, Azerbaijan, Oct. 25

By Elnur Baghishov – Trend:

The manufacturing enterprises in Iran received loans worth 19.7 trillion rials (about $468 million) to increase employment and manufacturing, during the first six months of the current Iranian year (March 21 through September 22, 2021), Trend reports via the report of Iranian Ministry of Industry, Mine and Trade.

According to the report, the loans were issued to 215 manufacturing enterprises.

Over 6 months, 404 enterprises were registered to receive loans to increase employment and manufacturing. Of these, the names of 25 enterprises have been declared to the banks for issuance of loans worth 3.89 trillion rials (about $92.7 million).

In addition, a total of 7,820 manufacturing enterprises were registered from February 20, 2019 to September 22, 2021 to receive loans. Of these, 2,710 enterprises received loans worth 202 trillion rials (about $4.81 billion), the report said.

---

Follow the author on Twitter:@BaghishovElnur

Tags:
Latest

Latest