BAKU, Azerbaijan, April 25. Iranian banks issued loans worth 8.98 quadrillion rials (about $214 billion) in the industrial and mining sectors of the country, over the last Iranian year (March 21, 2021 through March 20, 2022), Trend reports via the statistics of the Central Bank of Iran (CBI).
According to the statistics, about 1.24 quadrillion rials (about $29.7 billion) worth of loans were issued for the establishment of enterprises in the industrial and mining sectors during the reporting period.
In addition, 6.95 quadrillion rials (about $166 billion) worth of loans were issued as working capital in these sectors.
Within the last Iranian year, 79 trillion rials (about $1.88 billion) worth of loans were issued for repair work in the industrial and mining sectors.
According to the statistics, at the same time, 636 trillion rials (about $15.1 billion) worth of loans were issued for the development of Iran's industrial and mining sectors.
In total, 33.4 trillion rials (about $796 million) worth of loans were issued in Iran's industrial and mining sectors for the purchase of personal assets, 20.4 trillion rials (about $488 million) for the purchase of housing, and 10.4 trillion rials (about $247 million) for other purposes, the statistics said.
In total, the Iranian banks issued loans worth about 29.7 quadrillion rials (about $707 billion) in various economic sectors over the last Iranian year.
The figure stood at 10.4 quadrillion rials (about $248 billion) in the preceding Iranian year (March 20, 2020 through March 20, 2021).
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