Signing the Memorandum of Understanding between Bank Saderat Iran and the Persian Gulf Petrochemical Industries

Company News – Tripartite Memorandum of Understanding between Bank Saderat Iran, Innovation and Prosperity Fund and Persian Gulf Petrochemical Industries Group with a credit of 30,000 billion Rials Signed at the meeting to finance petrochemical projects through the banking system.
Payment of facilities to knowledge-based companies active in the petrochemical industry with a credit of 30,000 billion rials, expansion of cooperation between Bank Saderat Iran and the Persian Gulf Petrochemical Industry Group through guarantees, Rial documentary credits, Murabaha bonds and step generating bonds worth 250,000 billion rials and also Facilities and issuance of Rial documentary credits to the benefit of manufacturers, suppliers and manufacturers of machinery, equipment and facilities of Bidboland Gas Refining Company, as well as 12,000 billion Rials in facilities and liabilities plus $ 20 million in currencies provided by the bank are among the most important provisions of these agreements. have been.
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