BAKU, Azerbaijan, July 19. Bank loans allocated to Iran’s industrial and mining sectors increased by 70.6 percent during the first three months of the current Iranian year (March 21 – June 21, 2025), compared to the same period last year (March 20 - June 20, 2024).
Data obtained by Trend from the Central Bank (CBI) indicates that a total of 6.21 quadrillion rials (about $10.8 billion) in loans were issued to the industrial and mining sectors over this period. This marks a notable increase from the previous year’s figure of 3.64 quadrillion rials (about $6.3 billion).
Meanwhile, 5.87 quadrillion rials (about $10.2 billion) of the total amount were issued as working capital loans. In addition, 207 trillion rials (about $358 million) were allocated for the establishment of new enterprises within these sectors.
The CBI data also notes that 108 trillion rials (about $188 million) were issued to support the development of the industrial and mining sectors.
Furthermore, loans were granted for individual purposes within these sectors, including 12.6 trillion rials (about $21.8 million) for personal vehicle purchases and 13.4 trillion rials (about $23.1 million) for self-employment.
Additional lending included 1.29 trillion rials (about $2.23 million) for housing purchases and 237 billion rials (about $410,000) for renovation works in these sectors.
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