Eghtesad-e-Novin Bank paid 104 thousand billion Tomans for facilities

According to the monetary financial news quoted by the public relations of Eghtesad-e-Novin Bank, this bank has paid one million and 46 thousand and 50 billion Rials facilities to enterprises and economic units, among which financing the driving industries as the driving force of the economy, with the aim of creating jobs. Elimination of deprivation in less privileged areas of the country and currency exchange in the face of sanctions has been at the forefront of the bank’s financing policies.
The oil industry (oil, gas, refining and petrochemicals) is the largest and most effective industry in Iran, which plays an important role in supplying energy to the industrial and domestic sectors, and the life of most industries and the turnover of the Iranian economy depends on this industry. Therefore, this industry has the largest share of Eghtesadnovin Bank facilities.
The automotive industry, which is known as the mother industry due to the dependence of the latter and former industries and plays a significant role in improving the country’s economic conditions, is ranked second among the target industries of Eghtesad-e-Novin Bank for financing. The food, pharmaceutical and health industries, base metals, information and communication technology and home appliances are also in the next ranks in terms of financing by this bank.
Eghtesad-e-Novin Bank considers supporting propulsion industries to strengthen national production and employment as its main mission and has been able to play an effective role in financing productive industries in the past two years with the support of customer trust with a threefold increase in operations volume.