EghtesadOnline: The Money and Credit Council -- the top finance and banking policymaker -- agreed on Wednesday to postpone repayment of loans to mitigate the effect of new coronavirus on businesses.
EghtesadOnline: A CBI report shows that more than half of the loans given by Iranian banks and credit institutions were in the form of civil partnership and installment sale contracts.
EghtesadOnline: Bank Melli Iran, the biggest state-owned lender, gave 952 trillion rials ($7.1 billion) in loans over ten months since the beginning of current fiscal year that ends in March.
EghtesadOnline: Banks and credit institutions paid 6,262.7 trillion rials ($47 billion) in loans during the first nine months (March 20-Dec 21, 2019) of current fiscal year.
EghtesadOnline: Following sharp falls in the Tehran stock markets throughout last week, a senior bank official spoke about a plan to help support the market by granting loans to investors for purchasing shares.
EghtesadOnline: Loans worth 1,700 million rials ($13,000) will be granted to home builders who choose to use non-traditional construction methods based on new technologies this year (March 2019-20).
EghtesadOnline: A total of 9,500 people received loans for home-based businesses in the first half of the current year (March 21-Sept. 22), which led to the creation of 16,500 new jobs, says Mahnaz Emamdadi, an official with the Ministry of Cooperatives, Labor and Social Welfare.
EghtesadOnline: Banks and credit institutions paid 5,313 trillion rials ($40.8 billion) in loans in the first eight months of current fiscal year to Nov.21.
EghtesadOnline: Loans to raise working capital of industrial units had a 72% share of the total loans given to mining and industrial companies in the first seven months of the current calendar year to Oct. 22.
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.