Allocation of 1000 billion Rials facilities of Cooperative Development Bank to two industrial units of Khorasan Razavi Bank

According to the Iran Economist, Mohammad Jafar Irani, a member of the board of directors of the Cooperative Development Bank, on a trip to Khorasan Razavi province, rushed to visit the unknown martyrs upon arrival in Mashhad. Visiting the holy graves of the three martyrs who have recently been buried in this place, he expressed hope that the development measures of the Cooperative Development Bank in the economic field can play an important role in the development process of the country.
Allocation of 500 billion rials to the multi-sufficient factory of Part Sazan Holding
Visiting the production line of the largest instant coffee producer in Iran, Irani said: “Production activity in the country’s economy is very valuable and the Cooperative Development Bank, aware of the production situation in the country, has focused the main focus of development operations on supporting production and cooperative units.” .
He added: to help the production process and help maintain and improve the level of employment, the allocation of 500 billion rials to the multi-sufficient factory under Part Sazan Holding will be approved.
Irani said: “Considering the employment of 300 people in the instant coffee sector and the employment of hundreds of people in other sectors, this credit measure can be effective in supporting the production cycle.”
A member of the board of directors of the Cooperative Development Bank, pointing out that production is the driving force of other economic areas at the macro level, said in a proposal to the managers of Part Sazan: “Our task is to strengthen the cooperative sector and the proposal is to continue the company’s economic activity.” According to the assignment, the bank allocates 70% of credit services to the cooperative sector.
In a part of his remarks, referring to the new development phase of 2000 billion Rials of this holding, Irani said: “In the bank’s development services, efforts are made to provide services to customers from all product portfolios, and therefore facilities, warranties and other specialized services can be provided to the company.” Is a presentation.
Hamidreza Alborzi, Credit Manager of Cooperative Development Bank, referring to the new development phase of Part Sazan Coffee, said: “This plan will be reviewed by the bank’s credit elements and if approved, the bank is ready to support the company’s production stages.”
Approval of a credit limit of 500 billion rials to the largest syringe producer in the country
The Iranian further visited the serum and syringe vein production complex and said: “Cooperative Development Bank is not only seeking profit and economic benefits, and the bank tries to lead development operations by providing appropriate performance to the benefits of production and Employment will flow to the general population of the region.
Announcing the approval of a credit limit of 500 billion dollars to the largest syringe producer in the country, he said: “This unit produces an important product that is effective in maintaining and promoting public health and the country’s banking network is guided to be the main focus of banking operations.” .
Visiting the companies supported by the Cooperative Development Bank
A member of the board of directors of the Cooperative Development Bank, during his visit to the flour factory of the Mashhad Bakers’ Cooperative Union, said: “It is a great honor that the Cooperative Development Bank has supported the strategic activity of flour and agriculture in the last five years.” Thousands of bakers are members of this cooperative.
During a visit to Ghaem Industrial Group, a manufacturer of pistons and bushings, Irani said: “This company also relies on obtaining facilities of 200 billion rials in credit and working capital and 150 billion rials in creating a production line and providing machinery from the Cooperative Development Bank, creating 750 jobs.” People have been directly employed and hundreds of people have been indirectly employed.
Mehdi Amin Beidokhti, Branch Manager of Khorasan Razavi Province, Deputy Governors and Mostafa Montazeri Moghaddam, Head of Risk Management Department were also present at these meetings.