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Iranian economic sector obtains $4.8B in loan from banks

Business Materials 8 June 2016 18:41 (UTC +04:00)

Baku, Azerbaijan, June 8

By Khalid Kazimov - Trend:

In the first month of Iranian calendar year (started March 20), Iran's banks allocated 146.4 trillion rials (about $4.8 billion) to Iranian companies involved in economic sector in the form of working capital.

The figure makes 68.9 percent of the whole facilities offered by the country's banks in the mentioned period, the official website of the Central Bank of Iran reported.

The volume of the facilities has also increased by 62.3 percent year-on-year.

According to the report, 31.45 percent of the whole figure has been allocated to the country's industrial and mining sector.

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