Rising Debt
Economy, Business And Markets

Rising Debt

Central Bank of Iran data shows that the government owed banks 1.17 quadrillion rials ($38.7 billion) by the end of the month ending February 19, a rise of 19.6% compared to the same period last year. Private sector debt to the banking sector stood at 7.13 quadrillion rials ($235 billion), indicating a 15.4% surge compared to the same period a year earlier.


Short URL : http://goo.gl/1vYj3i
  1. http://goo.gl/2TnOfz
  • http://goo.gl/FwA0Oc
  • http://goo.gl/kgzXFa
  • http://goo.gl/MdLy1s
  • http://goo.gl/PTdHbh

You can also read ...

German firms, especially those without business links to the US, want to continue their Iran business.
While Germany’s big banks are studiously avoiding Iran-related...
IMF Pledges Continued Work With Central Bank of Iran
More than a week after US Treasury Department blacklisted...
New Rules Allow  Direct Forex Sale
Businesspeople that have validated their purchase orders are...
Iran is the world’s biggest saffron producer and accounts for more than 90% of the global production.
Iran Mercantile Exchange launched saffron futures trading for...
Banking Amendments Approved
The Money and Credit Council approved the Central Bank of Iran...
Iran Khodro Expanding Presence in Iraqi Market
Iran’s largest carmaker, Iran Khodro, is set to export 6,000...
Uber Plans Taxi-Hailing  in Japan
Uber Technologies plans to launch its first taxi-hailing pilot...
Tesla Admits Model 3 Braking Issue, Promises Fix
Tesla Inc’s Chief Executive Officer Elon Musk admitted on...