Signing a memorandum of understanding between the Cooperative Development Bank and Arvand Free Zone Organization
According to the financial news report, the managing directors of the Cooperative Development Bank and the Arvand Free Zone Organization emphasized the expansion of the relations between the two sides in the economic relations of the region in a meeting.
Mohammad Sheikh Hosseini, Managing Director of Tehseh Cooperative Bank, while explaining the goals and policy of this bank, welcomed the expansion of its activities in the Arvand Free Zone and said: a success was achieved as he traveled to the Arvand Free Zone together with his colleagues and in the opening ceremony of the construction project of 10,000 floats. To participate with the participation of Cooperative Development Bank and the Shipping Development Fund of the country with an investment of 90 billion tomans.
Sheikh Hosseini stated that we participated in the construction of a 5,000 ton float with the credits of the Cooperative Bank in the free zone of Arvand and said: Considering the cruel sanctions against our country, the Cooperative Bank with a policy for has the support of economic enterprises, has tried to support such activities and because our country has reached the point where it builds these vessels without the need to export them, this bank also tried to play a role in these projects by participating in these projects. Play this route.
Referring to the purpose of the trip to the Arvand Free Zone, the CEO of Tehsehe Cooperative Bank reminded: Today, in order to support the entrepreneurs and economic enterprises of this region, a bilateral memorandum was concluded, based on which; A facility is provided to the production companies located in the Arvand Free Zone so that these units can use it to provide their working capital and liquidity requirements, as well as for development projects and to continue their economic activities more than before.
Mohammadreza Eskandari, CEO of Arvand Free Zone Organization, explained the climatic, economic and cultural conditions in the cities of Abadan and Khorramshahr, explained the incomes of this region and its production-industrial activities, and called for the increase of activities of the Cooperative Development Bank in Arvand and Payaneh Free Zone. Marzi Shalamcheh became a way to facilitate business transactions between Iranian and Iraqi businessmen.
The CEO of Arvand Free Zone Organization also said, in the meeting of signing the memorandum of understanding between this organization and the Cooperative Development Bank, one of the problems that the producers of the region have is the facilities they need for their working capital. and their central branches were established in the country, the first agreement was made with the Cooperative Development Bank, and based on it, it was decided that deposits should be made from the resources that the Arvand Free Zone Organization has, and before that, the working capital was transferred to the working capital. to be payed.
He pointed out that investors who are active in this region should refer to the Vice President of Investment and Business Development of Arvand Free Zone Organization and be introduced to the bank in order to enjoy this facility.
In this meeting, Ahmad Mohammadi, director of credit affairs, Sayad Rahmanpour, director of provincial and branch affairs, Jalil Karmi Borjowi, director of Khuzestan province branches, and Seyed Hasan Hosseini Mutlaq, head of the central security office, were present in this meeting.