BAKU, Azerbaijan, Sept. 9
By Elnur Baghishov – Trend:
The Iranian banks issued loans worth about 9 quadrillion rials (about $214 billion) in various economic sectors in the country during the first five months of the current Iranian year (from March 21 through August 22, 2021), Trend reports citing the statistics of Central Bank Of Iran (CBI).
Meanwhile, in the same period of the Iranian year the figure stood at 3.05 quadrillion rials (about $72.7 billion).
"So, the banks issued 620 trillion rials (about $14.8 billion) worth of loans in the agricultural sector in the mentioned period," the statistics said.
Moreover, the banks issued loans worth 2.75 quadrillion rials (about $65.6 billion) in Iran's industrial and mining sectors over the five months.
According to the statistics, the banks also issued loans worth 460 trillion rials (about $10.9 billion) in Iran's housing and construction sector during the reporting period.
Furthermore, the Iranian banks issued loans worth 1.45 quadrillion rials (about $34.6 billion) in the trade sector in the five months.
At the same time, 3.71 quadrillion rials (about $88.5 billion) worth of loans were issued in the services sector and 1.93 trillion rials (about $46 million) in other unmentioned areas over the first 5 months of the current Iranian year, the statistics said.
According to the statistics, the loans are provided for the establishment of enterprises and facilities, as working capital, repair work, development, purchase of personal assets, purchase of apartments, and so on.
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