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  • 05-12-21

    Iran’s bank system funds national economic industries by about USD295m

    (MENAFN) According to IRNA report, Iran’s banking system has made a payment of 12.41 quadrillion rials (more than USD295 billion) in loans to national economic industries during the period from March 21 till October 22 of the current Iranian calendar year (March 21-October 22), recording a 64.8-percent increase when compared to the corresponding period of last year.

    Based on the data given by the Ministry of Industry, Mining and Trade, the nation’s service field obtained more than 6.41 quadrillion rials (about USD152 billion) of the loans, amounting for 43.2 percent of the overall services.

    The industry and mining sector got 4.397 quadrillion rials (about USD104 billion) to have a 29.7-percent stake in the over services, then the business sector with 2.232 quadrillion rials (about USD53 billion) totaling 15.1 percent stake.

    The agriculture, the housing, as well as the construction fields, also took 1.03 quadrillion rials (USD24 billion), 757.4 trillion rials (about USD18 billion), and 5.1 percent of the overall services, in that order.

    MENAFN05122021000045013568ID1103305626

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