BAKU, Azerbaijan, June 2. The value of loans provided by Iranian banks to startup companies has risen by 53.5 percent during the two months of current Iranian year (from March 21 through May 21, 2025) compared to the same period last year (from March 20 through May 20, 2024).
The data obtained by Trend from Iran's Central Bank shows that 926 startup companies in the country received a total of 597 trillion rials (about $995 million) in loans during the reporting period compared to 389 trillion rials (around $648 million) worth of loans granted to 928 startup companies in the two months of last year.
Meanwhile, during two months of this year, state-owned banks provided loans worth 75.4 trillion rials (approximately $126 million), which is 14.3 percent more than in the same month last year.
During the mentioned period, non-state banks provided loans worth 522 trillion rials (circa $879 million). The loans provided by non-state banks increased by 61.5 percent compared to the same month last year.
To note, in the last Iranian year (March 20, 2024 - March 20, 2025), 3.94 quadrillion rials (about $6.97 billion) of loans were provided to 2,922 startup companies in Iran. The loans provided increased by 46.2 percent compared to the previous year (from March 21, 2023 through March 19, 2024).
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