Banking and insuranceEconomical

The opening of Rial documentary credits in this bank has a growth of 249%


According to the Iran Economist, quoting the information base of the Bank of Industry and Mines, this senior bank manager stated: The amount of opening Rial documentary credits, which in the first 7 months of last year was about 31 thousand billion Rials, in the same period this year to 108 It has reached 1,896 billion rials.
Dr. Khorsandian also announced an increase in the amount of receivables in this bank and added: “According to the 7-month performance report this year, the amount of receivables, despite the continuing recession caused by the outbreak of coronavirus and its effects on businesses and restrictions and problems that sanctions Has imposed a 96 percent increase on the country’s economic and banking environment.
Referring to the 92% growth in the amount of payments of this bank to industrial and mining units, a member of the board of directors of the Bank of Industry and Mines said: With the proper performance of the Bank of Industry and Mines in the headquarters and especially its branches And the 83% growth in this index, we were able to have a good performance in the sector of granting facilities and despite the limited resources to fulfill a large part of our obligations and take positive steps to increase investment in the production and employment of the country.
Dr. Khorsandian also spoke about the increase in the provision of services such as the issuance of Rial guarantees in this bank and announced: The issuance of Rial guarantees in the first 7 months of this year compared to last year, shows a growth of 56 percent.

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