Sectoral Allocation of Banking Facilities
See also: Economy of IranIn 2008, Iranian banks extended 70 trillion rials ($7 billion) to quick-yield economic enterprises. According to Article 14 of the Monetary and Banking Law of Iran, the CBI can intervene in and supervise monetary and banking affairs through limiting banks, specifying the mechanisms for use of funds and determining the ceiling of loans and credits in each sector.
| Sector | Share in total credits (%) - 2009 | Share in total credits (%) - 2010 |
|---|---|---|
| Agriculture, water, and processing industries | 25 | 25 |
| Manufacturing and mining | 33 | 35 |
| Construction and housing | 20 | 20 |
| Trade and services | 15 | 20 |
| Export | 7 | - |
Read more about this topic: Banking And Insurance In Iran
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