Business And Markets
0

SMEs Borrow $750m in 11 Months

SMEs Borrow $750m in 11 Months
SMEs Borrow $750m in 11 Months

Industry Ministry data show that small and medium-sized enterprises borrowed about 200 trillion rials ($750 million) in 11 months to Feb.19.
The official state news agency, IRNA, said the money was given to 4,881 applicants.
Companies employing 50 workers or less, and 100 workers or less are considered small- and medium-sized enterprises. According to the Iran Small Industries and Industrial Parks Organization, Iran is home to 80,000 registered SMEs.

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