More SMEs Qualify for Loans

An estimated 5,140 small and medium-sized companies took out loans from banks in the last calendar year that ended in March.
According to the Ministry of Industry, Mining and Trade, which is in charge of introducing the SMEs to banks, they collectively received 240.3 trillion rials ($849 million) in loans, IBENA reported. 
Loans were also given to ‘unestablished business projects’ that had made at least 60% physical progress.