60% Growth in Lending in Q1-Q3

EghtesadOnline: Loans by banks and credit institutions increased 59.5% in the first nine months of current fiscal year (March 21-Dec. 21).

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Publish Date:19/January/2022 | 17:47

Bank Lending Surges to $53b in 7 Months

EghtesadOnline: Loans by banks and credit institutions reached 14,828.9 trillion rials ($52.9 billion) in the first seven months of current fiscal year (March 21-Oct 22).

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Publish Date:21/November/2021 | 15:44

New Rules Tighten Oversight of Banks’ Lending Procedures

EghtesadOnlne: The Central Bank of Iran Tuesday unveiled the ‘Centralized Database for Loans and Commitments’ known by its Persian acronym Samat, planned to enhance the CBI’s oversight of loans by banks.

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Publish Date:19/May/2021 | 11:49

Interbank Lending Picks Up

EghtesadOnline: Data released by the Central Bank of Iran indicate that banks handled transactions worth almost 775.3 trillion rials ($3.2 billion) a day at the interbank market in the previous fiscal year (March 2020-21).

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Publish Date:25/April/2021 | 07:16

Banks Ramp Up Lending

EghtesadOnline: Banks and credit institutions paid 13,959.9 trillion rials ($55.8 billion) in loans to businesses in ten months since the beginning of current fiscal year that ends on March 20.

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Publish Date:06/March/2021 | 24:45

Banks’ Deposits Outpace Lending

EghtesadOnline: Central Bank of Iran data show growth in deposits outpaced lending during the month to July 21. It reported that the gap between banks’ outstanding loans and deposits widened further by 9,338 trillion rials ($33 billion).

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Publish Date:30/September/2020 | 14:12

Iranian Banks Lend $27 Billion in 7 Months

EghtesadOnline: Iranian banks and credit institutions lent 3.58 quadrillion rials ($27.33 billion) to various sectors during the first seven months of the current fiscal that ended on October 22, the Central Bank of Iran said.

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Publish Date:24/November/2018 | 13:42

Tehran Keeps on Borrowing

EghtesadOnline: Central bank data says total lending by the banking system reached 13.23 quadrillion rials ($89.4 billion) during the 12 months to July 22.The figure was 29% higher year on year.

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Publish Date:31/October/2018 | 09:07

Iranian Banks Lend $16.8 Billion in 5 Months

EghtesdaOnline: Banks and credit institutions allocated 2.4 quadrillion rials ($16.82 billion) to various sectors during the first five months of the current fiscal that ended on August 22, the Central Bank of Iran said.

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Publish Date:25/September/2018 | 06:08

Banks Boost Lending

EghtesadOnline: Banks paid an estimated 29,719 trillion rials ($69.1 billion) in loans in the first nine months of the current fiscal year (ends in March) – up 41.9% on the same period last year.

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Publish Date:10/February/2023 | 20:31

Increase in Lending to Knowledge-Based Firms

EghtesadOnline: The Central Bank of Iran said banks and credit institutions gave 897.1 trillion rials ($2.32 billion) to knowledge-based companies in the first eight months of the current fiscal year (ends March 2023), up 122.6% from last year.

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Publish Date:28/December/2022 | 22:00

Iran's CB Rules to Increase Lending Transparency

EghtesadOnline: The Central Bank of Iran announced new rules on Sunday based on which banks and credit institutions are required to provide borrowers with access to lending contracts and changes thereto via electronic platforms.

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Publish Date:11/September/2022 | 15:26

Banks Unwilling to Lend

EghtesadOnline: From the beginning of fiscal 2018-19 up until September, the loan-to-deposit ratio has been of the descending order indicating that banks are exercising extra caution when it comes to lending .

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Publish Date:08/January/2020 | 11:06

Central Bank of Iran Ties Lending to Rating Report

EghtesadOnline: In a directive to banks and credit institutions, the Central Bank of Iran has obliged borrowers to submit credit rating reports from relevant rating companies.

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Publish Date:25/September/2019 | 11:50

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

NDFI Lending Exceeds $8b

EghtesadOnline: According to the National Development Fund of Iran data, the sovereign wealth fund gave 27 trillion rials ($267 million) to agent banks for loans in the first quarter of current fiscal to June.

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Publish Date:22/December/2018 | 15:32