BAKU, Azerbaijan, Feb. 14
By Elnur Baghishov – Trend:
Iranian banks issued loans worth 6.93 quadrillion rials (about $165 billion) in the industrial and mining sectors of the country, during the first 10 months of the current Iranian year (from March 21, 2021 through January 20, 2022), Trend reports via the statistics of Central Bank of Iran (CBI).
According to the statistics, about 929 trillion rials (about $22.1 billion) worth of loans were issued for the establishment of enterprises in the industrial and mining sectors during the reporting period.
In addition, 5.5 quadrillion rials (about $131 billion) worth of loans were issued as working capital in these sectors.
Within 10 months, 78.4 trillion rials (about $1.87 billion) worth of loans were issued for repair work in the industrial and mining sectors.
According to the statistics, at the same time, 377 trillion rials (about $8.97 billion) worth of loans were issued for the development of Iran's industrial and mining sectors.
In total, 26.1 trillion rials (about $623 million) worth of loans were issued in Iran's industrial and mining sectors for the purchase of personal assets, 15.3 trillion rials (about $365 million) for the purchase of housing, and 7.48 trillion rials (about $178 million) for other purposes, the statistics said.
The Iranian banks issued loans worth about 22.9 quadrillion rials (about $546 billion) in various economic sectors in the first 10 months of the current Iranian year. The figure stood at 8.55 quadrillion rials (about $204 billion) in the same period last Iranian year.
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