CBI’s 9-month loans to economic sector up 43.5% on year
TEHRAN- The Central Bank of Iran (CBI) provided domestic economic sectors with above 3.82 trillion rials (about $100 million) of loans during the first nine months of the current Iranian calendar year (ending December 20, 2016), which shows a 43.5 percent increase compared to the same time span in the preceding year, IRNA reported on Sunday.
According to the report released by CBI, the offered facilities increased 1.15 trillion rials (about $30.1 million) during the nine-month period this year from the same time in the previous year.
Working capital loans paid to different economic sectors was 2.45 trillion rials (about $64.1 million) accounting for 64.1 percent of the total provided facilities in the said period, registering a 46.1 percent increase from the previous year.
HJ/MA