44713
Bank Sepah Backs Production
Economy, Business And Markets

Bank Sepah Backs Production

Muhammad Kazem Choghazardi, the CEO of Bank Sepah, announced that his bank is monitoring the ailing production sector in the country and is willing to help them with new loans. “Data has been gathered by Bank Sepah in order to improve competitiveness within the small and medium-sized enterprises (SMEs) with the goal of increasing their production capacity and export capability to realize bigger targets”, he said, banker.ir reported. Noting that his bank has identified and gathered information about 1,120 troubled production projects, he added that the bank will lend the SMEs 10 trillion rials ($325.7 million).

Short URL : http://goo.gl/2xEkGp
  1. http://goo.gl/07Z63F
  • http://goo.gl/uX5hXv
  • http://goo.gl/FbF1qj
  • http://goo.gl/UnCxkE
  • http://goo.gl/TH3Akx

You can also read ...

Experts believe the import ban would lead to a further rise in smuggling and market disruption.
The government has banned the import of 1,339 commodities...
CBI, Capital Market Agree to Control  Gold Coin Bull Run
As gold coin prices are skyrocketing, the Central Bank of Iran...
$1.5b in Tax Evasion Identified From Bank Accounts
About 63 trillion rials ($1.49 billion) worth of unpaid tax...
Mohammad Javad Zarif (4th L) addressed representatives of Iran Chamber of Commerce, Industries, Mines and Agriculture on June 24. (Photo: Bahareh Taghiabadi )
Foreign Minister Mohammad Javad Zarif assured the business...
Beverage Can Imports at  $21 Million
More than 2,890 tons of beverage cans worth more than $21...
Iran Explores Int’l Space Collaborations at UN Meeting
Officials with Iran Space Agency participated in the two-day...
Top US Court Restricts Police on Cellphone Location Data
The US Supreme Court on Friday imposed limits on the ability...
Xiaomi’s Hong Kong IPO
Xiaomi, one of the world’s leading smartphone makers, is...

Trending

Googleplus