Business And Markets
0

Banks Lend $27b in 4 Months

Banks Lend $27b in 4 Months
Banks Lend $27b in 4 Months

Banks and credit institutions paid loans worth 7,010 trillion rials ($26.9 billion) in the first four months of current fiscal year (March 21-July 21).  
Lending increased by 2500.9 trillion rials ($9.6b) compared to the corresponding period last year up 55.6%.
As usual, loans paid for boosting working capital of businesses topped the list according to a report published by the Central Bank of Iran.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com