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FinancialNews


  • 19-12-22

    Leading bank credits towards manufacture high priority for CBI

    (MENAFN) Leading the banking credits and facilities in the direction of manufacture is a high priority strategy of the Central Bank of Iran (CBI) in the ongoing Iranian calendar year (started on March 21), the bank’s governor stated in a press meeting on Sunday.

    Ali Saleh-Abadi declared that 900 trillion rials (nearly USD3.1 billion) of services have been compensated to the knowledge-based firms in the opening eight months of the ongoing year (March 21-Novemebr 21), whereas the number stood at 660 trillion rials (around USD2.275 billion) in the same span of time in the last year.

    It should be declared that the present Iranian calendar year is titled “Knowledge-based Production and Job Creation”.

    The central bank head also mentioned that the CBI has arranged a reform plan for each bank around the economic arrangement of that bank, according to which the economic structure of the banks and their services system Is going to be developed.

    MENAFN19122022000045014228ID1105325628

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