Bank loans to economic sector up 15.6%

September 24, 2018

TEHRAN- According to the latest report released by the Central Bank of Iran (CBI), the granted banking facilities to domestic economic sectors witnessed 15.6 percent growth during the first five months of the present Iranian calendar year (March 21-August 22) compared to the same period of time in the past year, IRIB reported on Sunday.

More than 2.408 quadrillion rials (about $57.33 billion) of loans were paid to Iranian economic sectors in the said period, showing 325.6 trillion rials (about $7.7 billion) increase, i.e. 15.6 percent growth, from the same time span in the preceding year.

MA/MA

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