BAKU, Azerbaijan, October 15. The amount of loans issued to start-up companies in Iran increased by 100 percent during the first six months of the current Iranian year (March 21 through September 22, 2022), compared to the same period last Iranian year, Trend reports via the report of the Central Bank of Iran (CBI).
“In total, 1,404 start-up companies in the country received loans worth about 585 trillion rials (about $13.6 billion) in 6 months,” the report said.
Thus, Iran’s Mellat Bank issued loans worth 102 trillion rials (about $2.43 billion), Bank Tejarat Iran - 85 trillion rials (about $2.02 billion) and Eghtesad Novin Bank - 56.4 trillion rials (about $1.34 billion) in 6 months.
|
Month |
Value of loans |
|
1st month (March 21 through April 20) |
$1.09 billion |
|
2nd month (April 21 through May 21) |
$1.69 billion |
|
3rd month (May 22 through June 21) |
$2.76 billion |
|
4th month (June 22 through July 22) |
$1.8 billion |
|
5th month (July 23 through August 22) |
$2.49 billion |
|
6th month (August 23 through September 22, 2022) |
$3.75 billion |
|
Total |
$13.6 billion |
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