Pur-Mohammadi told ISNA that Rls. 324,181bn (71 percent) from the total balance of the granted facilities valued at Rls.459,766bn has been allocated to the productive sectors, the rest valued at Rls.135,585 trillion has been allocated to non-productive sectors.
During the four-year Third Cultural and Socioeconomic Development Plan, facilities granted by the trade banks to the productive sections have grown 33%. Among the trade banks Bank Melli ranks the first in volume of the granted facilities and Bank Mellat ranks the first in increase of the allocated facilities, he explained.
The official further explained that in the same period, the specialized banks have allocated Rls. 90, 882 trillion in facilities to the productive sectors, which indicates a 30% growth. Among these banks, Agriculture Bank has had the most volume and growth in granting facilities, he added.
Pur-Mohammadi stated that the banks have positively performed in granting facilities to the productive sector, as amount of the granted facilities by the state and specialized banks has respectively grown 36% and 38% during the Third Economic Development Plan.
In conclusion, the official expressed hope that the banks do continue to increase amount of facilities allocated to the productive sectors.
FK/AJ
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