BAKU, Azerbaijan, April 15. The amount of loans provided by Iranian banks to the industrial and mining sectors increased by 43.7 percent during the last Iranian year (from March 20, 2024, through March 20, 2025) compared to the previous year (from March 21, 2023, through March 19, 2024).
Data obtained by Trend from the Central Bank indicates that the total value of these loans reached 24 quadrillion rials (around $42 billion), up from 16.7 quadrillion rials (around $29.2 billion) in the prior year.
The data also reveals that about 20.4 quadrillion rials (around $35.8 billion) were allocated as working capital to businesses in these sectors. Furthermore, approximately 2.69 quadrillion rials (around $4.7 billion) were provided in credits for establishing new enterprises, while roughly 679 trillion rials (around $1.19 billion) were granted for development purposes within these industries.
In addition, statistics show that about 179 trillion rials (about $314 million) were issued for self-employment initiatives, 56.7 trillion rials (about $99.2 million) for consumer loans, 10.7 trillion rials (about $18.8 million) for renovation works, and 7.7 trillion rials (about $13.5 million) for home purchase.
Overall, Iranian banks provided credits amounting to about 59.7 quadrillion rials (around $105 billion) during the last Iranian year, marking an increase of nearly 29.5 percent compared to previous years.
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