Letters of guarantee worth $41.3m issued for SMEs

January 14, 2018 - 10:14

TEHRAN- The Investment Guarantee Fund of Iran for Small and Medium-Sized Enterprises has issued letters of guarantee worth 1.8 trillion rials (about $41.3 million) during the first nine months of the current Iranian calendar year (ended December 21, 2017), IRIB news reported on Saturday.

The figure shows 82 percent rise in comparison with the same time in the preceding year.

As reported, some 147 letters of guarantee have been issued in this time, while 115 ones have been extended. 

HJ/MA
 

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