Bank Melli to Cocreate Innovation Fund: CEO

Bank Melli Iran, the largest government-owned bank, plans to increase funding for innovative projects and knowledge –based companies.
Mohammad Reza Farzin, the bank CEO, announced this in a meeting with Ali Vahdat, head of the Iran National Innovation Fund (INIF), on Sunday. 
"We believe that supporting startups and knowledge-based firms demands an effective and efficient ecosystem, which is being developed in our bank," Ebinews quoted Farzin as saying.