Bank Loans in Iran Rise 30%

Banks paid 2,188 trillion rials ($19.3 billion) in loans during the first four months of present calendar year to July 22.  
Compared to the corresponding period last year, the figure was up 30.9% or 517 trillion rials, according to a report published on the Central Bank of Iran website. 
Loans to help raise working capital of manufacturing and trading companies amounted to 1,308 trillion rials ($11.5 billion) which accounts for close to 60% of all loans paid during the period. 
Working capital loans increased by 283 trillion rials compared to the same period last year, indicating annual growth of 27.7%. 
Of the total loans paid for this purpose, mining and industrial firms got 486 trillion rials, grabbing the lion’s share of 37.2% of the loans to fund working capital.