28 May 2026
Iran provides certain loans in industrial and mining sectors
The Iranian banks issued loans worth 1.57 quadrillion rials (about $37.5 billion) in the industrial and mining sectors in Iran during the first three months of the current Iranian year (from March 21 through June 21, 2021), Trend reports citing the statistics of Central Bank of Iran (CBI).
According to the statistics, about 194 trillion rials (about $4.61 billion) worth of loans were issued for the establishment of enterprises in the industrial and mining sectors during the reporting period.
"In addition, 1.27 quadrillion rials (about $30.2 billion) worth of loans were issued as working capital in these sectors," the statistics said.
Within the three months, 16 trillion rials (about $381 million) worth of loans were issued for repair work in the industrial and mining sectors, the statistics said.
Latest news
Latest newsAstana Between Moscow and the West: Why Putin Needs the Visit to Kazakhstan
26.May.2026
Starlink at War: How SpaceX Secured Higher Prices from the Pentagon During the Iran Campaign
26.May.2026
Strike Back 2026: NATO Expands Its Military Presence in the Balkans and the Black Sea Region
25.May.2026
Military Parade as a Manifesto: What Armenia Wants to Tell the World on May 28
25.May.2026
The War in Ukraine: The Russian Army is Already Running Out of Steam
25.May.2026
Railway Breakthrough: Armenia Integrates into the Akhalkalaki–Kars Route
24.May.2026
Tbilisi on the Eve of May 26: Independence Day Turns Into a Day of Political Struggle
24.May.2026
The US and Iran Continue Negotiations on a Possible Agreement and Extension of the Ceasefire
23.May.2026
The United States Suspends Participation in Ukraine Negotiations
22.May.2026
Azerbaijan and Georgia Strengthen Strategic Partnership with New Package of Agreements Signed
21.May.2026