Banking and insuranceEconomical

Financing of 20 thousand billion rials of production and industrial units of Golestan by Sanat and Mine Bank


According to the financial news report According to the public relations of Sanat and Mine Bank, Ali Khorsandian, the CEO of Sanat and Mine Bank, announced to the industrialists and entrepreneurs of Golestan province, the financing of production and mining units of Golestan province in the amount of 20 thousand billion Rials and said: knowledge-based projects to receive Facilities are one of the bank’s priorities, and in total, 32 facilities have been paid to 17 knowledge-based companies in this province over the past two years.

Khorsandian, who traveled to Golestan province on Wednesday, December 2, along with a delegation consisting of Hossein Askari, member of the board of directors and deputy CEO, Abdul Reza Wali Elahi, vice president of credit and branch management, and Mohammad Hassan Torabi, director of public relations and customer affairs of this bank, in This trip examined and followed up the industrial and mining plans of this province and in meeting with entrepreneurs, artisans and miners of Golestan province, he emphasized the importance and effective role of Sanat and Mine Bank as a specialized bank in the field of production and employment of the country.

Khorsandian stated: This bank is the only specialized bank in the field of industry and mining in the country, which should have the power of providing facilities and high liquidity to finance the huge and infrastructure projects of the country, and this is a serious task that requires the comprehensive support of the relevant institutions. It is requested and we hope that with the help and support of the government and parliament, we will be able to pursue the issue of increasing the bank’s capital in the next year’s budget and a path to improve the bank’s capital in the country’s 7th economic development plan.

He also pointed to the delegation of good powers to the provinces in the field of facilities and credits to help the economic prosperity of the provinces and added: In a situation where the key to solving the country’s major problems such as inflation and unemployment is to increase production and finance manufacturing companies, we must be determined There should be a foundation to support producers and artisans.

Khorsandian further reminded: the total number of projects that have been put into operation, are being implemented and the working capital in Golestan province is 114 projects, which have been paid in the amount of 20 thousand billion Rials and have created direct employment for 1,389 people, and this amount The facilities and job creation show the favorable performance of Sanat and Mine Bank in realizing its goals and implementing its policies in this province.

He added: the amount of cooperative projects being implemented by Sanat and Mine Bank in this province is equivalent to one thousand and 100 billion Rials (Rial and foreign exchange facilities), which has had a good feedback on the performance of this bank at the provincial level for the development of production and employment.

The CEO of Sanat and Mine Bank emphasized: Our most central policy in this bank is comprehensive and accurate supervision in the allocation with full validation of customers and spent bank resources by applying sufficient supervision on the use of facilities and optimizing the direction of the facilities towards productive activities and It is in accordance with national policies and land use.

Khorsandian stated: We will try to pay special attention to the productive and effective sectors of the country in the sectors related to industry and mining by using modern financing methods.

He further considered the financing of the production chain as one of the new methods of financing, which can significantly contribute to the targeted and optimal financing of the production sector and to maintain and create sustainable employment.

He added: With the mentioned methods, without excessive injection of money and increase in liquidity, the production cycle is set in motion, and the various production units of the production chain, from the producers of raw materials to the final product, meet their needs with the guarantee of banks, and of course every Where there is a need to pay money and facilities, banks and financial institutions rush to help production units with accurate validation and effective supervision.

He stated: In line with digital banking and open banking, good facilities and infrastructure have been created in Sanat and Mine Bank, and our expectation from the production units of Golestan province that receive facilities from this bank is that the concentration and financial circulation of their accounts transfer to this bank.

In this trip, the CEO of Sanat and Mine Bank visited the projects of Baharan Peyman, Gol Sam, Yas Plast Shamal, Kansarkhazar and Shorabeh Yad in Golestan and closely observed the process of activity and the requests of the managers of these companies to continue and increase production and how to interact. And the support of the bank was with them.

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