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Bank Melli Iran cements support for economic actors

October 21, 2024 - 15:30

In line with its commitment to support economic actors and producers across the country, Bank Melli Iran has provided a total of 728,192 loans valued at 1,941,308 billion rials to various sectors of the economy during the first six months of the current Iranian year (started on March 20).

According to the public relations office of BMI, as part of the government’s policies to support domestic producers, the bank has issued 15,640 loans to the industrial and mining sector, totaling 803,929 billion rials.

The services sector, including credit card loans, received 590,095 loans worth 713,538 billion rials from Bank Melli Iran.

Additionally, 65,616 loans valued at 254,045 billion rials were granted to the trade sector.

Bank Melli Iran also issued 24,053 loans worth 63,468 billion rials to the agricultural sector and conversion industries during the same period.

Moreover, by the end of Shahrivar (Sep. 21), the export sector had received 1,689 billion rials from Bank Melli Iran.

It is worth noting that loan issuance to various economic sectors is accelerating in the second half of the year, allowing more economic actors to benefit from the facilities provided by Bank Melli Iran.

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