Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Our Strategy
Financials
Overview
Quarterly Reports 2010
Annual Report 2009
Annual Report 2008
Annual Report 2007
Annual Report 2006
Annual Report 2005
Annual Report 2004
Annual Report 2003
Annual Report 2001
Previous Quarter Results
Pillar Disclosures
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Investor Relations
Financial News
FinancialNews
12-11-19
Iranian saffron cultivation area expands 5,000 hectares a year
(MENAFN) Press TV reported, Ali Tahmasbi, a deputy to Iran"s minister of agriculture said that planting saffron is no longer limited to the three Khorasan provinces located in northeastern Iran, pointing that the cultivation area for saffron had exceeded 115,000 hectares, nearly 20 times more than the land granted to the crop in the entire world.
The Iranian media published images over the past days showed farmers picking saffron flowers in various parts of the country, including in Chaharmahal-Bakhtiari, a cold and mountainous region in central Iran, as well as in Khuzestan, a southern province known for its hot and humid climate.
That comes against the background of reports suggesting that Iran is not properly benefiting from a profitable international business of saffron mainly because of bulk production methods and increased smuggling to neighboring countries.
Officials say two thirds of Iran's annual production of saffron, around 300 tons, go to bulk sales, while others suggest around 20 tons are being smuggled out of the country, mainly to neighboring Afghanistan.
MENAFN1211201900450000ID1099260113
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us