CBI Says Will Lend $4.5 Billion to SEMs

Bank and credit institutions plan to allocate 1,000 trillion rials ($4.5 billion) in working capital loans to medium and small-sized enterprises, the governor of Central Bank of Iran said.
Abdolnasser Hemmati said it will be injected in the present fiscal year that ends next March.
“The CBI has made concerted efforts to fund the SMEs,” he wrote in a note posted in his social media account.
His statements came after the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on Sunday said the government should improve its support to the SMEs.