A national memorandum of understanding was signed between the Cooperative Development Bank and the National Environmental Fund

According to monetary financial news, Mohammad Sheikh Hosseini, head of the Cooperative Development Bank, said at the meeting of concluding a national memorandum between the bank and the National Environment Fund: Is.
He added: “Cooperative Development Bank is a bank of small, medium and high-yield enterprises in the fields of production and employment, and one of the main functions of the bank is to direct liquidity to the real sector of the economy in a productive manner.”
The head of the Cooperative Development Bank, referring to the importance of environmental projects in the bank’s programs, said: “Supporting these projects and allocating resources to activities with an environmental approach can be considered among the main strategies of the bank.”
Sheikh Hosseini described the mutual understanding between the bank and the fund as an important and valuable event and said: the bank, as a mediator between funds and resource management towards productive and value-creating activities, will create a situation with synergy by implementing this memorandum. Between the two systems, it is possible to fulfill the duties of the parties and fulfill social responsibilities.
Sajjad Anjum Shoaa, CEO of the National Environment Fund, said: “The emergence of various environmental issues in the world and the country requires that many policies and measures in this area be implemented.” In this regard, he added: the lack of effective resources and the lack of mechanisms, had caused the activity of this fund was not as expected.
Anjum Shoaa said: “While the use of integrated resources of banks in supporting environmental activities provides an important and practical solution, with the study conducted among the banking network, we have been looking for a bank that has environmental concerns and while Agility and extensive geographical coverage have a development approach and function. This memorandum has been compiled as a practical document with a precise statement of processes and details with the agreement of the two agencies.
Seyed Baqer Fattahi, Chairman of the Board of Directors of the Cooperative Development Bank, said: “This bank has always tried to implement the agreements and agency agreements concluded so that the obligations are fulfilled 100% and the goals and positive social and economic effects of the agreements are appropriate.” To be realized.
He added: “Conditions and events that occur in the field of environment are effective in all aspects of human life now and in future generations, and therefore effective measures to maintain and improve the state of the environment is of particular importance.”
Fattahi pointed out: Joint working groups will be formed to review the status and progress of the implementation stages of the MoU, and with agile and effective mechanisms and processes, this MoU will be implemented in an efficient way.
Saeed Maadi, Deputy CEO of the Cooperative Development Bank for Provincial Affairs and Marketing, regarding the capacity and capability of the Cooperative Development Bank Development Organization, said: The common points and development goals of these two executive bodies provide synergies by using integrated resources. Will build to benefit from the resources of 7500 billion rials with a preferential rate and a 60-month return in the form of fund policy, identification and introduction of economic plans in a creative, developmental and complementary manner.
He added: “The conclusion of this national memorandum crystallizes an irreplaceable capacity and a good opportunity to preserve the ecosystem and the environment and help knowledge-based and productive businesses that are moving in the direction of effectiveness and efficiency.”
The meeting was attended by board members, Hamid Reza Alborzi, director of credit affairs, Ahmad Mohammadi, director of provincial and branch affairs, Younes Kalantari, head of the General Department of Customer Affairs and Market Development, and managers of the National Environment Fund.