Banking and insuranceEconomical

Cooperative Development Bank paid 350 billion rials of facilities to the tea industry


According to Iran Economist report, during a two-day trip to Gilan province, during a two-day trip to Gilan province, in a meeting with the head of the country’s tea organization and the managing director of the Tea Industry Support Fund, the head of the Cooperative Development Bank said: It has paid facilities of 350 billion Rials.

The head of the Cooperative Development Bank stated: Gilan province has special advantages in the sectors of industry, agriculture, tourism and services, and the financing of projects can be effective in the development, production and employment creation of the province.
Pointing to the very good interaction between the colleagues of the Cooperative Development Bank and the Country Tea Industry Support Fund, Sheikh Hosseini said: Until now, various facilities have been paid to tea production units in Gilan province from the memorandum of understanding with the fund, which can be improved with more interaction. took more effective measures and provided special support to the activists of this sector.
He continued: Cooperative Development Bank as a financial-development institution with all available facilities and resources is at the service of producers and companies of tea processing industries to strengthen the economic capacities of the province.
Sheikhi Hosseini added: the bank has the necessary preparation to pay the facilities to ensure liquidity circulation to the country’s tea production units.
Jahansaz, head of the country’s tea organization, said: “The country’s tea organization is the only organization of the Ministry of Agricultural Jihad, which is located in the main activity of the industry in the city of Lahijan, and there are more than 42 thousand tea farmers and 171 tea factories in this complex.” The annual revenue of this industry in this city is more than 1500 billion Rials.
He expressed hope: with more interaction and coordination, we can take effective steps to solve the problems of tea growers.
It should be mentioned that Hassan Sharifi, the Deputy CEO of Banking Operations, Ahmad Mohammadi, the Manager of Provinces and Branches, Ibrahim Vasei, the Manager of Gilan Province Branches, accompanied the head of the bank.

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