BAKU, Azerbaijan, March 9. Iranian banks extended loans worth 14.2 quadrillion rials (about $338 billion) in the industrial and mining sectors during the first 11 months of the current Iranian year (from March 21, 2023, through February 19, 2024), the statistics of the Iranian Central Bank say, Trend reports.
The statistics show that 11.6 quadrillion rials (about $276 billion) worth of loans were issued as working capital in these sectors during the 11 months.
According to the statistics, 1.7 quadrillion rials (about $40.6 billion) worth of loans were issued for the establishment of enterprises in the industrial and mining sectors during the mentioned period.
The statistics add that during the 11 months, 736 trillion rials (about $17.5 billion) worth of loans were issued for the development of the industrial and mining sectors.
The information notes that about 82.3 trillion rials (about $1.96 billion) worth of self-employment loans and 38.7 trillion rials (about $921 million) worth of home loans were issued in Iran's industrial and mining sectors during the period.
Stay up-to-date with more news on Trend News Agency's WhatsApp channel
