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Loans

  • EghtesadOnline: The Central Bank of Iran has offered 70 trillion rials ($500 million) in loans since the beginning of the current Iranian year (March 21) to help emerging startups and knowledge-based companies flourish, the CBI chief says.

  • EghtesadOnline: In a push to promote electric motorcycles, Tehran Municipality, jointly with the state-backed Omid Entrepreneurship Fund, will extend cheap loans to e-bike buyers, covering 80% of the vehicle's price.

  • EghtesadOnline: Since March 2018, Iran National Innovation Fund has offered loans and aid packages to the tune of 13 trillion rials ($113 million) to Iranian startups and tech firms, a deputy at INIF said on Tuesday.

  • EghtesadOnline: In line with the state-backed policy to accelerate the growth of knowledge-based firms and startup ecosystems in Iran, cheap loans will be offered to eligible companies and emerging enterprises in less-developed villages.

  • EghtesadOnline: Bank Maskan, the state-run agent bank of housing sector in Iran, granted 4,834 construction loans worth 3,659 billion rials ($31.95 million) to real-estate developers during the month ending Aug. 22, which indicate 82% and 33.7% growth in number and value respectively compared with last year's similar month.

  • EghtesadOnline: Banks paid 2,188 trillion rials ($19.3 billion) in loans during the first four months of present calendar year to July 22.

  • EghtesadOnline: Data about loans given by banks and credit institutions based on different Islamic banking contracts show “partnership loans” had the biggest share by the end of the third quarter of the present fiscal year on June 21.

  • EghtesadOnline: State-owned Bank Melli Iran has granted 7,612 debt purchase applicants facilities worth 11.78 trillion rials ($100.7 million) in the first four months (March 21-July 22) of the current fiscal year.

  • EghtesadOnline: Bank Maskan, the agent bank of Iran's housing sector, has paid a total of 89,000 billion rials ($760.68 million) in home loans under the Housing Savings Account scheme since its launch in June 2015.

  • EghtesadOnline: Bank Maskan, the state-run agent bank of the housing sector, granted more than 60,000 loans worth 27,540 billion rials ($230.46 million) in the last Iranian month (June 22-July 22), indicating an increase of 7% in the value of facilities compared with the same period of last year.