BAKU, Azerbaijan, May 14. In the first month of the current Iranian year (from March 20 through April 20, 2024), Iranian banks issued loans worth 2.05 quadrillion rials (about $48.9 billion), according to Iran's Central Bank statistics, Trend reports.
According to the statistics, Iranian banks issued loans worth 826 trillion rials (about $19.7 billion) in the service sector during the first month.
The information notes that Iranian banks issued loans worth 733 trillion rials (about 17.5 billion dollars) in the industrial and mining sectors during the first month.
Statistics indicate that in the month mentioned, Iranian banks issued loans worth 232 trillion rials (about 5.53 billion dollars) in the trade sector.
Moreover, Iranian banks issued loans totaling 158 trillion rials (roughly 3.77 billion dollars) in the housing and construction sectors.
Meanwhile, Iranian banks disbursed loans worth about 102 trillion rials (about $2.42 billion) in the agricultural sector in the first month.
Information reveals that other unspecified fields issued loans
totaling 221 billion rials, or about $5.26 million.
To note, loans in Iran are granted for the establishment of
enterprises and facilities, working capital, renovation works,
development, the purchase of personal goods, the purchase of
apartments, etc.
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