Marriage, Childbirth Loans Are on the Rise, CBI Says

The Central Bank of Iran said banks and credit institutions have expedited marriage and micro loans to encourage child birth and support needy households wanting to rent a home. 
Mehdi Sahabi, the official in charge of the CBI’s Credit Department, said banks gave 217,000 childbirth loans worth 86.74 trillion rials ($280 million) since the beginning of current fiscal year (March 21) until July end. 
In addition, 320,658 applicants took out marriage loans worth 440 trillion rials ($1.4 billion) in the period, the CBI’s public relations office said.