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Lending to Knowledge Economy Up $2.2b

Lending to Knowledge Economy Up $2.2b
Lending to Knowledge Economy Up $2.2b

Banks gave 669.4 trillion rials ($2.2 billion) in loans to the knowledge-based economy in the last fiscal year ending March 20. 
According to numbers released by the Central Bank of Iran, this was 108.2% more from the corresponding period a year before. 
Most loans were given by the biggest state-run Bank Melli plus Bank Mellat and Bank Saderat Iran -- the two semi-private lenders. 
Bank Mellat lent 112.9 trillion rials followed by Bank Melli at 94.4 trillion rials and Bank Saderat Iran 88.9 trillion rials. 

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