Lending to Knowledge-Based Firms Rises 80% to $890m

Banks and credit institutions gave 277 trillion rials ($893 million) loans to knowledge-based companies from the beginning of fiscal year to July 22, the Governor of the Central Bank of Iran said. 
In a talk with state TV, Ali Salehabadi said the lending increased 79% in the four months from the corresponding period last year. 
“The loans were given to 1,715 knowledge-based firms… The increase reflects the will of the banking sector to support the knowledge economy,” the CBI website quoted him as saying.