Bank loans to economic sector rise 14.9% in a month yr/yr

May 27, 2018 - 4:21

TEHRAN- Iranian banking system’s offered facilities to domestic economic sectors during the first month of the current Iranian calendar year (March 21-April 20) increased by 14.9 percent, in comparison with the same month in the year before, Public Relations Department of the Central Bank of Iran (CBI) announced.

As reported, 250 trillion rials (about $5.952 billion) of loans were granted to Iranian economic sector in the said time, registering 33.3 trillion rials (about $792.8 million) growth compared to the same time in the preceding year, the CBI website published.
Working capital loans paid to different economic sectors was above 175.7 trillion rials (about $4.183 billion) accounting for 68.3 percent of the total provided facilities in the said period, registering a 10.9 percent increase year on year.


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