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2 Businesses Top List of Borrowers

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.
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Publish Date:19/February/2020 | 05:03

Iran's CB to Help Lift Stock Market

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.
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Publish Date:11/January/2020 | 24:26

Bigger Loans Granted for Modern Home Construction in Iran

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).
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Publish Date:28/December/2019 | 13:04

Banks Lend $40b in 8 Months

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.
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Publish Date:25/December/2019 | 10:38

Recapitalization of Industries Tops List of Borrowers

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.
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Publish Date:15/December/2019 | 13:05

Central Bank of Iran Lends Tech Firms $500 Million

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.
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Publish Date:11/December/2019 | 09:56

$113m State-Backed Loans for , Technological Firms

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.
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Publish Date:09/November/2019 | 13:37

Iran National Development Fund to Offer Loans to Rural Tech Firms

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.
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Publish Date:02/November/2019 | 11:41

Bigger Loans for Real-Estate Developers

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.
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Publish Date:06/October/2019 | 13:55

Bank Loans in Iran Rise 30%

EghtesadOnline: Banks paid 2,188 trillion rials ($19.3 billion) in loans during the first four months of present calendar year to July 22.
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Publish Date:17/September/2019 | 24:35

Partnership Loans Attractive

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.
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Publish Date:14/September/2019 | 24:01

Bank Maskan Monthly Loans Up 7%

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.
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Publish Date:10/August/2019 | 24:42

Central Bank of Iran Reports Growth in Deposits, Loans

EghtesadOnline: A report on loans made by and deposits with banks and credit institutions says total deposits stood at 20,825 trillion rials ($173 billion) at the end of the first calendar month to April 20.
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Publish Date:23/July/2019 | 09:52

Loans to Promote CNG-Hybrids Vehicles in Iran

EghtesadOnline: As per a scheme implemented by the National Iranian Oil Refining and Distribution Company, low-interest loans are being offered to commercial and passenger vehicles using gasoline and diesel to convert into CNG-hybrids.
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Publish Date:20/April/2019 | 13:52

Knowledge-Based Firms, Impaired Loans , Agitation and Silence

EghtesadOnline: Unpaid loans of knowledge-based companies until December 21 amounted to a staggering 70.1 trillion rials ($535 million), Central Bank of Iran data shows. The development has triggered social media frenzy.
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Publish Date:11/March/2019 | 13:15

Banks Lend $42 Billion in 10 Months

EghtesadOnline: In the first ten months of the current fiscal to January 20, lenders granted 5,380 trillion rials ($ 42 billion) in loans, up 757 trillion rials ($6 billion) compared to the same period in the previous fiscal – a 16.4% growth.
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Publish Date:20/February/2019 | 13:29

Gov’t to Issue Bonds to Pay Back Loans on Iran Air ATR Planes

EghtesadOnline: The government’s Economic Council last week approved a proposal of Minister of Roads and Urban Development Abbas Akhoundi, based on which the government is to issue 10 trillion rials ($70 million) worth of bonds and sukuk for financing Iran Air’s new plane orders.
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Publish Date:26/September/2018 | 06:57