Banks lent 191 trillion rials ($800 million) to 763 knowledge-based companies in the first nine months (March 20-Dec. 20, 2020) of current fiscal year. This was an increase of 128% year-year, the Central Bank of Iran website said.
Three banks topped the list. The privatized Bank Mellat and Bank Saderat Iran, and state-owned Bank Melli Iran together accounted for more than half of the loans.
A large portion came from Bank Sederat Iran with 35.3 trillion rials ($147m). Bank Mellat and Bank Melli gave 33.2 trillion rials ($138m) and 30.5 trillion rials ($127m), respectively.
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