More than 100% growth of unsecured loans in Iran’s Qarz-ul-Hosneh Mehr Bank

According to the report of financial financial news, citing the public relations and customer affairs of Qarz-ul-Hasne Mehr Bank of Iran, the number of unsecured loans compared to the total loans paid by this bank has reached 10%.
This is despite the fact that the mentioned ratio was about 4.6% in 1400 and last year we saw a growth of more than 2 times in this index, which shows the expansion of unsecured loan payments by Qarz-ul-Hasneh Mehr Bank of Iran.
It should be noted that Iran’s Qarzul-Hosna Mehr Bank was one of the first banks to join the “Star” system of the Ministry of Economic Affairs and Finance, along with the policies of the popular government.
This bank has also launched its validation system as “guarantor” and with such actions, it has succeeded in becoming one of the leading banks in the country in paying loans without guarantors.