BAKU, Azerbaijan, July 8
By Elnur Baghishov – Trend:
Iran's Bank Refah Kargaran issued loans worth 7.43 trillion rials (about $177 million) to small and medium enterprises during the first three months of the current Iranian year (March 21 through June 21, 2021), Trend reports citing the bank’s website.
According to the report, the Bank Refah Kargaran continues to provide loans to small and medium enterprises in order to support production and employment.
“A total of 70.9 trillion rials (about $1.68 billion) worth of loans have been issued over the past five years,” the report said.
The amount of loans issued by the Bank Refah Kargaran over the past 5 years:
|
5 years ago (from March 20, 2016 through March 20, 2017) |
$112 million |
|
4 years ago (from March 21, 2017 through March 20, 2018) |
$142 million |
|
3 years ago (from March 21, 2018 through March 20, 2019) |
$326 million |
|
2 years ago (March 21, 2019 through March 19, 2020) |
$212 million |
|
Last year (from March 20, 2020 through March 20, 2021) |
$718 million |