Banking and insuranceEconomicalEconomicalBanking and insurance

The CEO of Sanat and Mine Bank visited Sahil Arvand Marine Industries Company in Khuzestan


According to the financial news, Ali Khorsandian, CEO of Sanat and Mine Bank, announced the payment of more than 48,322,000 euros to Sahil Arvand Marine Industries Company in the form of fixed capital.

He, along with Bijan Esadi, a member of the board of directors, and Shahab Gurji, the bank’s vice president of supervision, legal and claims collection, visited Sahil Arvand Marine Industries on Wednesday, December 1, during a trip to Khuzestan province.

This company was established by this bank with the purpose of repairing 170 vehicles and building 4 floating vehicles per year in the free zone of Arvand with facilities amounting to 48 million and 322 thousand euros.

It should be noted that the equipment and machinery engineering department of the mentioned company is running and its progress is 100%.

Also, about 80% of the machinery required for this project has been provided and transported to the project site, and it is expected; The rest of the equipment should be provided and transported to the project site by the next 9 months, and the installation and commissioning of this equipment, which has been 70% completed so far, should be completed according to this 9-month schedule.

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