BAKU, Azerbaijan, May 27. Iranian banks issued loans worth approximately 188 trillion rials (about $4.47 billion) in the country’s trade sector, during the 1st month of the current Iranian year (March 21 through April 20, 2023) Trend reports.
According to the data of the Central Bank of Iran, loans worth 5.93 trillion rials (about $141 million) were issued in connection with the establishment of enterprises and other opportunities in the trade sector during the reporting month.
Over 1st month, 169 trillion rials (about $4.03 billion) worth of loans were issued in the trade sector as working capital.
Also, Iranian banks issued loans worth 9.4 trillion rials (about $224 million) for the development of enterprises and approximately 130 billion rials ($3.09 million) for self-employment in the trade sector for the first month.
At the same time, 2.06 trillion rials (about $49 million) worth of loans were issued for the purchase of housing, and 1 trillion rials (about $23.8 million) for the purchase of personal assets in the trade sector.
In total, the Iranian banks issued loans worth 1.61 quadrillion rials (about $38.4 billion) in various economic sectors for the first month.
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