BAKU, Azerbaijan, February 1. Iranian banks issued loans worth 8.88 quadrillion rials (about $211 billion) in the industrial and mining sectors of the country, during the first nine months of the current Iranian year (March 21, 2022 through December 21, 2022), Trend reports via the statistics of the Central Bank of Iran (CBI).
According to the statistics, 1.48 quadrillion rials (about $35.3 billion) worth of loans were issued for the establishment of enterprises in the industrial and mining sectors during the reporting period.
In addition, approximately 6.94 quadrillion rials (about $165 billion) worth of loans were issued as working capital in the mentioned sectors in 9 months.
Within 9 months, about 388 trillion rials (about $9.23 billion) worth of loans were issued for the development of Iran's industrial and mining sectors.
Also, 7.64 trillion rials (about $182 million) worth of loans were issued for self-employment in the industrial and mining sectors, and 38.3 trillion rials (about $911 million) for the purchase of housing.
Furthermore, 1.32 trillion rials (about $31.4 million) worth of loans were issued for repair work in the industrial and mining sectors, as well as 26 trillion rials (about $621 million) for the purchase of personal assets, the statistics said.
Generally, the Iranian banks issued loans worth 25 quadrillion rials (about $595 billion) in various economic sectors in the country during the first 9 months of the current Iranian year.
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