BAKU, Azerbaijan, April 8. The value of loans provided by Iranian banks to startup companies has risen by 46.2 percent during the last current 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 country's Central Bank indicates that 2,922 startup companies in the country received a total of 3.94 quadrillion rials (about $6.97 billion) in loans during the reporting year.
Meanwhile, Iranian banks granted credit to 1,052 startup companies, totaling around 546 trillion rials (about $964 million) in the 12th month of the last Iranian year (from February 19 through March 20, 2025), marking a 45.3 percent increase compared to the same month last year (from February 20 through March 19, 2024).
The Iranian government is focusing on providing loans to start-ups in various fields, including energy, agriculture, and industry, to further unleash their potential.
Iranian banks issued loans worth about 48.5 quadrillion rials (nearly $84.7 billion) during 11 months of the last Iranian year (from March 20, 2024, through February 18, 2025), which is an increase of 24.7 percent compared to the same period last year.
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