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Bank Loans Post 30% Growth

Bank Loans Post 30% Growth Bank Loans Post 30% Growth

Banks and credit institutions paid 6,262.7 trillion rials ($47 billion) in loans during the first nine months (March 20-Dec 21, 2019) of current fiscal year. 
The loans increased by 1,438.7 trillion rials ($11 billion) compared to the same time last year to post an annual 29.8% growth, the Central Bank of Iran reported on its website.   
As reported earlier, loans given to help boost working capital of manufactures amounted to 3,408.4 trillion rials ($25.6 billion), accounting for 54.4% of all loans. 

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