Iranian Banks Break New Ground With Surge In Loan Lending For 7M2025

2025-12-17 12:41:10

(MENAFN- Trend News Agency) BAKU, Azerbaijan, December 17. Loans granted by Iranian banks in the first seven months of the Iranian year (from March 21 through October 22, 2025) surged by 47.2% compared to the same period last year (from March 20 through October 21, 2024).

Data obtained by Trend from the Central Bank of Iran (CBI) indicates that Iranian banks issued loans totaling 41.6 quadrillion rials (about $63.4 billion) during this period, up from around 28.3 quadrillion rials (about $43 billion) in the previous year.

The statistics indicate that 15.5 quadrillion rials (about $23.7 billion) were allocated to the services sector, while 17.7 quadrillion rials (about $27 billion) went to the industrial and mining sectors. Loans to the trade sector reached 4.84 quadrillion rials (about $7.38 billion), and the housing and construction sector received 1.48 quadrillion rials (about $2.25 billion).

Additionally, agricultural loans totaled 2.06 quadrillion rials (about $3.14 billion), with other unlisted sectors receiving 3.16 trillion rials (about $4.8 million).

The statistics highlight that these loans were provided for establishing enterprises and facilities, working capital, repair works, development projects, purchasing personal products, housing acquisitions, and other purposes.

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