60% Growth in Lending in Q1-Q3

Loans by banks and credit institutions increased 59.5% in the first nine months of current fiscal year (March 21-Dec. 21). 
Banks lent 20,195 trillion rials ($74 billion) to various economic sectors in the nine months, which was 7,562 trillion rials ($28b) higher than the corresponding period last year. 
According to data published by the Central Bank of Iran, working capital loans accounted for main segment of loans. Businesses took out 13,424 trillion rials ($49.7b) in loans to boost working capital, accounting for 66.5% of the total lending.