BAKU, Azerbaijan, May 13. The volume of loans issued by banks in Iran to the services sector saw a 39.2 percent increase during the first month of the current Iranian year (from March 21 through April 20, 2025) compared to the same month of the previous year (from March 20 through April 19, 2024).
Data obtained by Trend from the Central Bank (CBI) indicates that Iranian banks allocated 1.15 quadrillion rials (about $2.05 billion) in loans to the services sector in this period, marking a 39.2 percent rise compared to the same period last year, when the figure stood at 826 trillion rials (about $1.47 billion).
The data indicates that 873 trillion rials (about $1.55 billion) of the loans were issued as working capital. Additionally, banks issued 213 trillion rials (about $379 million) in loans for the establishment of enterprises and facilities in the sector.
The report further states that around 37.9 trillion rials (about $67.3 million) were allocated for development projects within the services sector, while 14.8 trillion rials (about $26.3 million) went toward the purchase of personal products.
Meanwhile, loans worth 8.13 trillion rials (nearly $14.4 million) were issued for self-employment purposes, and another 1.6 trillion rials (about $2.86 million) for repair works.
Overall, in the first month of this year, banks and financial institutions in Iran provided 3.31 quadrillion rials (around $6.09 billion) in loans across various sectors—an increase of 61.4 percent compared to the same period last year.
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