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Signing of a memorandum of cooperation between Saderat Development Bank and Khuzestan Steel Company


According to the financial news report, quoted from the public relations of Export Development Bank of Iran, based on the aforementioned memorandum, this bank committed to provide all kinds of financing activities and banking services to the company by complying with the law of usury-free banking operations, by-laws and executive instructions. Khuzestan Steel to provide.

This report adds: The banking services that can be provided include electronic banking, credit, micro banking services, as well as the services of the bank’s subsidiaries.

Iran’s Export Development Bank CEO Khani said at the signing ceremony of the memorandum of cooperation with Khuzestan Steel Company: The conclusion of this memorandum will be the beginning of extensive cooperation between Iran’s Export Development Bank and Khuzestan Steel Group.

He continued: Iran’s Export Development Bank, with the mission of providing comprehensive support to export-oriented companies, is trying to provide the infrastructure needed in the banking and financial fields for this category of export-oriented companies.

While explaining the package of credit policies of Iran’s Export Development Bank, Khani said: Payment of facilities and financial services of this bank is provided to exporters in line with the package of credit policies formulated in a targeted and planned manner.

Referring to the geographical location of Khuzestan Steel Company, the CEO of the Iran Export Development Bank said: “This company’s access to open waters and the benefit of a dedicated wharf indicate a wide platform for development, and the Iran Export Development Bank is fully prepared to provide financial and banking services from To support the export of this company’s products.

Likewise, during the signing ceremony of the memorandum, Amin Ebrahimi, CEO of Khuzestan Steel Company, said: “Thanks to the Islamic Revolution and the efforts of Mardan Steel in the field of production, Khuzestan Steel is now the second pole of steel production in the country and the first exporter of steel products that is trying to invest heavily in The level of Khuzestan Steel Group will provide the grounds for comprehensive development of this industry.

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