Bank Lending Surges to $53b in 7 Months

Loans by banks and credit institutions reached 14,828.9 trillion rials ($52.9 billion) in the first seven months of current fiscal year (March 21-Oct 22).
Lending increased 5,474.2 trillion rials ($19.5b) on the corresponding period last year, indicating 58.5% annual growth, the Central Bank of Iran said.   
Close to 67% of the loans were for increasing working capital given to assorted sectors, with mines and industries at the top.