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In 5 Months Banks Lend $18 Billion

In 5 Months Banks Lend $18 Billion In 5 Months Banks Lend $18 Billion

Banks and credit institutions paid 5,060.8 trillion rials ($18 billion) in loans to businesses in the first five months of the current fiscal year (March 20-August 21).
Compared to lending in the first five months of the previous year, the amount increased by 2,101 trillion rials ($7.5b) or 71%, according to data released by the Central Bank of Iran. 
Loans to boost working capital of manufactures topped the list with 3,074.6 trillion rials ($11b) given to assorted sectors, namely mines, industries, housing, agriculture and services. 

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