BAKU, Azerbaijan, May 24. Iranian banks issued loans worth 603 trillion rials (about $14.3 billion) in the industrial and mining sectors of the country, during the 1st month of the current Iranian year (March 21 through April 20, 2023) Trend reports.
Of the mentioned amount, 66.4 trillion rials (about $1.58 billion) was issued for the establishment of enterprises in the industrial and mining sectors during the reporting month.
The data of Iran's Central Bank shows that approximately 509 trillion rials (about $12.1 billion) worth of loans were issued as working capital in these sectors. Within the 1st month, 23 trillion rials (about $549 million) worth of loans were issued for the development of Iran's industrial and mining sectors.
In addition, 258 billion rials ($6.14 million) worth of loans were issued for self-employment in the industrial and mining sectors, and 3.33 trillion rials (about $79.2 million) for the purchase of housing.
At the same time, 3 billion rials (about $71,400) worth of loans were issued for repair work in the industrial and mining sectors, as well as 1.59 trillion rials (about $37.8 million) for the purchase of personal assets, the statistics said.
In total, the Iranian banks issued loans worth about 1.61 quadrillion rials (about $38.4 billion) in various economic sectors for the first month.
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