Bank loans to economic sector grew 9.6% in 8 months yr/yr

December 21, 2017 - 12:42

TEHRAN- Iranian banking system’s offered facilities to domestic economic sectors during the first eight months of the current Iranian year (March 21- November 21, 2017) increased by 9.6 percent, in comparison with the same period in the year before, Tasnim news agency reported on Wednesday.

As reported, 3.57 quadrillion rials (about $85.2 billion) of loans were granted to Iranian economic sector in the said time, registering 313.2 billion rials (about $7.4 million), 9.6 percent, growth compared to the same time in the preceding year.
 
Working capital loans paid to different economic sectors was above 2.23 quadrillion rials (about $53.2 billion) accounting for 62.5 percent of the total provided facilities in the said period, registering a 4.9 percent increase from the previous year.

HJ/MA

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