INDICES
  • Samba 65 00% 56.65%
    Joga2002 635.254 50% 63.63%
    Bra52 69 23.145% -63.25%
    Joga2002 635.254 50% 63.63%
  • HangSang20 370 400% -20%
    NasDaq4 33 00% 36%
    S&P5002 60 50% 10%
    HangSang20 370 400% -20%
    Dow17 56.23 41.89% -2.635%
-

EghtesadOnline: According to ministry data, Bank Sepah was the leading provider of such loans with 138.4 trillion rials ($392 million) to an estimated 477,000 applicants, accounting for 21% of the total Collateral-Free Loans Reach $1.26 BillionCollateral-Free Loans Reach $1.26 Billion.

Banks and credit institutions have given an estimated 445.8 trillion rials ($1.26 billion) in collateral-free loans after the government announced the new lending program in January.  

The money went to 1.216 million applicants from mid-January to November 22, the Economy Ministry reported Saturday.

In the past three months lending in the initiative reached 209 trillion rials ($592 million) or 46% of the total.

Loans Collateral-Free Loans