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Iran's CB Chief Says SCFs Making a Difference

Iran's CB Chief Says SCFs Making a Difference
Iran's CB Chief Says SCFs Making a Difference

The Central Bank of Iran is stepping up efforts to promote funding for economic enterprises through non-inflationary methods, the CBI governor said. 
Speaking on state TV late on Thursday, Ali Salehabadi said supply chain finance (SCF) methods have been welcomed by businesses in the last two years. 
“Up until last year, business owners used to borrow directly from banks for working capital. With the spread of SCFs, this practice has diminished,” he was quoted as saying by the CBI website. 

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