lending
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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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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…
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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…
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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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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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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…
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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…
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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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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…
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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…
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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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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…
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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…
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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…
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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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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…