The vanguard of the Bank of Industry and Mines in the payment of facilities Note 18

According to the monetary financial news, Abdolreza Vali Elahi, a member of the Board of Directors of Sanat va Ma’dan Bank, announced that this bank is in the top rank among the banks operating the facilities of Note 18 of the Budget Law by accepting and paying 62 projects. They are responsible for paying for such facilities.

According to the public relations report of the Bank of Industry and Mines, he added: So far, 388 projects worth 57,000 billion rials have been introduced to the operating banks, of which the share of the Bank of Industry and Mines in the projects introduced between the operating banks is 55,000 billion rials (97%). Is.
The board member of the Bank of Industry and Mines noted that the bank has so far approved 10736 billion rials in facilities for 62 projects of eligible production units, of which 3331 billion rials have been paid and the rest will be paid in the coming weeks.
Wali Elahi said: “One of the positive features of these resources (Note 18) is their continuity in future annual budgets, and therefore provides the possibility of medium-term planning for investors and craftsmen.”
Having an establishment license for applicants with a physical progress of more than 70%, having one of the exploitation license licenses, industrial activity certificate or valid ID card for applicants to use the reconstruction and renovation facilities, having one of the exploitation license licenses and industrial activity certificate or Valid ID card for applicants using working capital facilities is one of the conditions for paying these facilities to applicants.
According to this report, the main priority is to pay the mentioned facilities with those applicants who have liquidity problems and use these facilities for quick start-up, renovation and reconstruction and stabilization of production and employment capacity or provision of necessary raw materials and equipment. Registration in the optimization system of the Ministry of Industry, Mines and Trade and introduction by the provincial silent organizations to the banks operating the facility is done.