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Home Breaking News

Iran finds itself in pickle as debts to local banks soar

September 4, 2025
in Breaking News
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Iran finds itself in pickle as debts to local banks soar
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4 September 2025 10:42 (UTC +04:00)


Money owed to Iranian banks and monetary establishments rose by 33.7 p.c by June 21, 2025, in comparison with the identical date in 2024. Whole debt reached 114 quadrillion rials (about $198 billion), up from 84.9 quadrillion rials (round $149 billion). This included 21.6 quadrillion rials ($37.8 billion) from the general public sector and 91.9 quadrillion rials ($161 billion) from the personal sector.

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Tags: analyticsAzerbaijan's newsbanksBreaking Newsbusiness newsCaspian newsCentral Asiacompany newsdebtseconomyfinancial newsFindsGeorgia's newsIranIran's newsKazakhstan's newsLocaloil and gas newspicklePoliticssoarthe Caspian Seathe CIS newsTurkey's newsTurkmenistan's newsUzbekistan's newsWorld News
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