EconomicalBanking and insurance

10 thousand billion Rials of home business facilities will be paid in the Cooperative Development Bank


According to the Iran Economist, Hojjatollah Mehdian, CEO of the Cooperative Development Bank, in an interview with the Jam Jam World Network of Radio and Television, while congratulating on the occasion of Cooperative Week, said: And it is public and the payment of 10 thousand billion Rials to the introduced of home-based businesses is one of the most important programs of the bank this year.

Referring to the important capacities of the cooperative sector in helping to increase GDP and employment levels, he said: “Popularity, anti-corruption and the possibility of supporting various economic sectors in the form of cooperatives can be considered as characteristics of cooperatives. More confidence in this sector, we can hope to achieve a 25 percent share of cooperation in the national economy in the near future.

Mehdian further pointed to the opportunity for the cooperative sector in the new term of the Ministry of Cooperatives, Labor and Social Welfare and said: Dr. Abdolmaleki with sufficient knowledge and mastery of various branches of economics and belief in the capabilities of cooperation, strategic and operational plans for empowerment Cooperatives are considering and strengthening the Cooperative Development Bank has been suggested as one of their most important approaches.

Expressing the presence of more than 95,000 active cooperatives with more than one million and seven hundred thousand people working in the cooperative sector, the CEO of the Cooperative Development Bank said: “Always allocating a 70% share of the bank’s facilities portfolio to the cooperative sector And about 50 percent of the bank’s resources belong to cooperatives.

Expressing the full commitment of bank employees to the implementation of the Islamic Banking Law, he said: “80% of the country’s economy is financed by banks and this law has been implemented for the past 38 years and it seems that responsible agencies in the government and the Islamic Consultative Assembly They consider the effectiveness of the law by providing corrective cases, and certainly the adoption and promulgation of the new law can pave a better way to provide optimal banking services to members of society.

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