BAKU, Azerbaijan, June 21. Iranian banks issued loans worth 512 trillion rials (about $12.2 billion) in the country’s trade sector, during the first two months of the current Iranian year (March 21 through May 21, 2023) Trend reports.
So, loans worth 16 trillion rials (about $381 million) were issued in connection with the establishment of enterprises and other opportunities in the trade sector during the reporting period
Over 2 months, approximately 464 trillion rials (about $11 billion) worth of loans were issued in the trade sector as working capital.
Also, Iranian banks issued loans worth 21.3 trillion rials (about $508 million) for the development of enterprises and approximately 391 billion rials ($9.3 million) for self-employment in the trade sector for the first month.
At the same time, 7.96 trillion rials (about $190 million) worth of loans were issued for the purchase of housing, 1.58 trillion rials (about $37.7 million) for the purchase of personal assets, and 1.18 trillion rials (about $28 million) for various repairs in the trade sector.
In total, the Iranian banks issued loans worth approximately 4.49 quadrillion rials (about $107 billion) in various economic sectors for 2 months.
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