63284
Bank of Industry and Mine Allocated $6.8b to Industries
Bank of Industry and Mine Allocated $6.8b to Industries

Bank of Industry and Mine Allocated $6.8b to Industries

Bank of Industry and Mine Allocated $6.8b to Industries

Bank of Industry and Mine has allocated 253 trillion rials ($6.8 billion) in loans to 1,427 industrial projects during the four years of the incumbent administration (started August 2013). These loans helped employ 24,262 people and caused a market boom in different parts of the country, especially in underprivileged provinces, IRNA reported. The bank also opened letters of credit worth more than $9 billion for 889 industrial projects. Loans amounting to 667 trillion rials ($17.8 billion) were approved for 12,737 industrial projects by the banking system during the tenure of President Hassan Rouhani (2013-17).
 

 

Short URL : https://goo.gl/d7NMiD
  1. https://goo.gl/hIyMGU
  • https://goo.gl/8KuzBk
  • https://goo.gl/R67Vis
  • https://goo.gl/Rcwjnv
  • https://goo.gl/l2MHOk

You can also read ...

INTA Defends Monitoring of Bank Transactions
Head of the Iranian National Tax Administration Kamel Taqavi-...
TCI to Unveil eWallet
The local fixed-line operator Telecommunications Company of...
Democratic Senators Amy Klobuchar (L) and Mark Warner introduced the Honest Ads Act, in Washington, D.C. on Oct. 19.
A bipartisan group of US senators took the first steps this...
Iran-Iraq Bank Can Help Boost Trade
The head of Iran-Iraq Chamber of Commerce believes that the...
Banks’ Fiscal H1 Loan Portfolio at $68b
The Iranian banking system paid out 2.7 quadrillion rials ($67...
Iran Biggest Mideast Producer, Consumer of Footwear
Iran is the biggest producer and consumer of footwear in the...
The cost of releasing an album in the European countries is far higher than in Iran.
It’s tough to be a musician in Iran and tougher for music...
Census Mode to Change  in 4 Years
The traditional method of conducting population census based...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus