Bank loans to economic sector rise 14% in 7 months on year

November 19, 2018 - 21:30

TEHRAN- According to the latest report released by the Central Bank of Iran (CBI), the granted banking facilities to domestic economic sectors witnessed 14 percent growth during the first seven months of the present Iranian calendar year (March 21-October 22) compared to the same period of time in the past year, IRIB reported.

More than 3.581 quadrillion rials (about $85.261 billion) of loans were paid to Iranian economic sectors in the said period, showing 445.2 trillion rials (about $10.6 billion) increase, i.e. 14 percent growth, from the same time span in the preceding year.


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