54% of Cooperative Development Bank’s facilities were in the field of industry

According to financial news, Last year, Tehsehe Cooperative Bank has paid 263 thousand billion Rials in facilities, of which 54% of these facilities were in the field of industry. The amount of this facility is 144 thousand billion.

Light, medium and heavy industries play a strategic and central role in the economy of countries, and the owners of the industries create important export advantages in addition to mutual synergy and covering domestic needs.

Cooperative, as a sub-sector, includes various sectors of the economy, including various industries, and cooperative organizations and unions are also present in many industrial sectors and have an important contribution to the development of the country.

The Cooperative Development Bank has been present as the agent bank for the payment of the facilities under Clause A, Note 18 of the Budget Law of 1400 and has paid job creation facilities to those nominated by the Ministry of Industry, Mines and Trade. The legal provision in the annual budgets has been the responsibility of the Cooperative Development Bank.

Cooperative Development Bank has also played an agency role in the sustainable rural and nomadic employment plan, the law on removing obstacles to production, supporting small and medium industries, and Article 52 and Article 56, and has been responsible for financing industrial and production units.