Bank loans to economic sectors rises 26% in a year

April 30, 2019

TEHRAN- Iranian banking system’s offered facilities to domestic economic sectors during the past Iranian calendar year (ended on March 20, 2019), increased by 26 percent from its previous year, IRIB reported.

As reported, 7.737 quadrillion rials (about $184.2 billion) of loans were granted to Iranian economic sector in the past year. 

Working capital loans paid to different economic sectors was above 4.319 quadrillion rials (about $102.8 billion) accounting for 55.8 percent of the total provided facilities in the said period, registering a 14-percent increase from the previous year.

MA/MA

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