CBI grants $6.4b of facilities to SMEs since last March

February 14, 2018 - 8:41

TEHRAN- The Central Bank of Iran (CBI) has given 300 trillion rials (about $6.4 billion) of facilities to domestic small and medium-sized enterprises (SMEs) as of the beginning of the present Iranian calendar year (started March 21, 2017), IRNA reported on Tuesday.

According to CBI’s latest report, from the announced figure, 200 trillion rials (about $4.29 billion) has been consumed to supply working capital and financing unfinished projects, while 100 trillion rials (about $2.14 billion) has been used for renovation of economic units.


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