Cooperative Development Bank provides special support to knowledge-based cooperatives

According to the Iran Economist-Hojjatollah Mehdian, in a part of this meeting, referring to the activities of the Cooperative Development Bank in 1400, he said: “With the efforts of all colleagues in the ranks and headquarters, we achieved the goals set in different sectors.”

He was accompanied by Amir Houshang Assarzadeh, a member of the Board of Directors, and Shahram Bakhsha, Head of the General Department of Public Relations. He continued: “The Cooperative Development Bank has been able to take effective measures for the target community in line with its strategic goals.”

Mehdian emphasized: One of the effective and lasting measures of the Cooperative Development Bank is the payment of sustainable rural and nomadic employment facilities, and the facilities in this area have approached the border of 30 thousand billion Rials.

He added: “Last year, a credit line of 20,000 billion rials was allocated to cooperatives, which was able to solve the problems of cooperatives.”

Referring to the slogan of the year “Production, knowledge-based, employment-creating”, the CEO of the Cooperative Development Bank said: “The Cooperative Development Bank has paid 147,000 billion rials in facilities in the second half of last year, of which 4,870 billion rials to knowledge-based companies, 14,000 billion rials in the field Support and obligation facilities and 7500 billion rials have been for small and medium enterprises.

Mehdian emphasized: The Cooperative Development Bank has prepared special programs in order to support knowledge-based cooperatives, the details of which will be announced in the near future.