Business And Markets

Banks Boost Lending

Banks Boost Lending
Banks Boost Lending

Banks and credit institutions gave 29,681.6 trillion rials ($107 billion) in loans and credit in the last fiscal year that ended in March. 
Recent data released by the Central Bank of Iran show that lending rose 54.1% or 10,414.4 trillion rials ($37 billion) from the year before. 
As usual working capital loans topped the list.  Businesses took 19,378.6 trillion rials ($70.4b) to boost working capital, accounting for 65.3% of the total loans. 


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