BAKU, Azerbaijan, Jan. 18
By Elnur Baghishov – Trend:
Iranian banks issued loans worth 1.47 quadrillion rials (about $35 billion) in the agricultural sector of the country, during the first nine months of the current Iranian year (from March 21 through December 21, 2021), Trend reports via the statistics of Central Bank of Iran (CBI).
According to the statistics, about 277 trillion rials (about $6.58 billion) worth of loans were issued for the establishment of enterprises and the planting of gardens, and arable lands in the agricultural sector.
In addition, 1.03 quadrillion rials (about $24.4 billion) worth of loans were issued as working capital in the agricultural sector.
"The loans worth 5.83 trillion rials (about $138 million) were issued for repair work in the agricultural sector of Iran within 9 months," the statistics said.
According to the statistics, at the same time, 95.8 trillion rials (about $2.28 billion) worth of loans were issued for the development of Iran's agricultural sector.
Moreover, 19.4 trillion rials (about $463 million) worth of loans were issued for the purchase of personal assets in the agricultural sector, 1.71 trillion rials (about 40.7 million) for the purchase of housing, and 45.2 trillion rials (about $1.07 billion) for other purposes.
The Iranian banks issued loans worth about 20.2 quadrillion rials (about $481 billion) in various economic sectors in the first nine months of the current Iranian year. The figure stood at 7.56 quadrillion rials (about $180 billion) in the same period last Iranian year.
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