BAKU, Azerbaijan, April 13. As many as 2.79 trillion rials ($4.9 million) worth of loans were granted to industries in Qom province, located in central Iran, during the last Iranian year (from March 20, 2024 through March 20, 2025), Javad Nategh, an official from the province's Industry, Mining, and Trade Organization, told reporters, Trend reports.
According to him, the credits were extended through collaboration with Iranian banks, with the aim of boosting production capacity in the region.
He further noted that the issuance of credits to industrial enterprises in Qom is continuously monitored by the provincial Industry, Mining, and Trade Organization, which works to remove any barriers to production.
Meanwhile, seven industrial parks operate in Iran's Qom Province. About 2,000 industrial enterprises function in these parks. These enterprises employ 57,000 people.
Banks and financial institutions in Iran granted loans worth approximately 59.7 quadrillion rials (circa $105 billion) in various sectors against 46.1 quadrillion rials (approximately $81.3 billion) in the previous year, marking a 29.5 percent increase compared to the previous year.
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