“The lender also provided 14,800 small- and medium-sized enterprises with 61.8 trillion rials ($1.63 billion) worth of loans, 40.3 trillion rials ($1.06 billion) of which were paid as working capital loans,” Siavash Zera’ati was also quoted as saying by ILNA. Zera’ati also noted that BSI forex operations grew by 74% during the previous Iranian year. The privatized BSI runs the largest banking network in Iran with around 2,500 active branches in Iran and 22 units overseas, according to Financial Tribune.
EghtesadOnline: Bank Saderat Iran doled out loans worth 232 trillion rials ($6.13 billion) to 212,000 applicants in industries, mining and agriculture sectors in the previous year that ended March 20, 2017, the bank’s CEO said.