Banks Inject Record Amount to Help Stimulate Economy

Banks injected more than 18,989.2 trillion rials ($82.5 billion) into the economy in the last calendar year (ended March 20).  The amount was up 9,239.3 trillion rials ($40b) or 94.8% compared to the year before.
The Central Bank of Iran said lenders, including state and private banks plus credit institutions, gave 11,635 trillion rials ($50.5b), or 61.3% of the total amount to help raise working capital of manufactures and other businesses.
Compared to the 12 months a year ago, the volume of loans for augmenting working capital was up 120% or 6,373 trillion rials ($27.7b).