By the end of the fiscal month to December 21, total outstanding loans made by domestic banks crossed 17,409 trillion rials ($116 billion) -- up 23% annually.
The figure indicates 15.4% hike since the end of last fiscal year (ended March 2019) when total unpaid loans rose to 2,319.0 trillion rials ($15.56 billion), according to a report on the Central Bank of Iran website.
With 11,164.5 trillion rials ($74.93 billion), Tehran Province topped the list with the largest amount of outstanding loans.
At the bottom end of the list was Kohgilouyeh-Boyerahmad Province with total outstanding loans at 62.8 trillion rials ($421.47 million).
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