BAKU, Azerbaijan, March 17. Iranian banks issued loans worth 7.76 quadrillion rials (about $185 billion) in the industrial and mining sectors of the country, during the first 11 months of the current Iranian year (from March 21, 2021, through February 19, 2022), Trend reports via the statistics of Central Bank of Iran (CBI).
According to the statistics, about 1.06 quadrillion rials (about $25.4 billion) worth of loans were issued for the establishment of enterprises in the industrial and mining sectors during the reporting period.
In addition, 6.15 quadrillion rials (about $146 billion) worth of loans were issued as working capital in these sectors.
Within 11 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, 419 trillion rials (about $9.97 billion) worth of loans were issued for the development of Iran's industrial and mining sectors.
In total, 29.2 trillion rials (about $696 million) worth of loans were issued in Iran's industrial and mining sectors for the purchase of personal assets, 17.2 trillion rials (about $409 million) for the purchase of housing, and 8.92 trillion rials (about $212 million) for other purposes, the statistics said.
The Iranian banks issued loans worth about 25.4 quadrillion rials (about $606 billion) in various economic sectors in the first 11 months of the current Iranian year. The figure stood at 9 quadrillion rials (about $215 billion) in the same period last Iranian year.
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