EghtesadOnline: State-owned Bank of Industry and Mine will offer 4 trillion rials ($30.7 million) in loans to 150 car parts makers working with local car company SAIPA.
EghtesadOnline: Bank of Industry and Mine sold off a 51% stake in its investment arm, Industry and Mine Investment Company on Tuesday on the capital market, BIM’s head of subsidiaries and general meetings manager, Abolfazl Najjarzadeh, announced.
EghtesadOnline: Bank of Industry and Mine will be the first Iranian bank to sell off its excess assets on the capital market.
EghtesadOnline: Iran’s Bank of Industry and Mine has set up correspondent relations with 82 banks from 33 countries in the last Iranian year (ended March 20, 2017), the bank’s deputy for international affairs announced.
EghtesadOnline: Bank of Industry and Mine has doled out 23 trillion rials ($613 million) in loans to small- and medium-sized enterprises since March 2016 as a part of the stimulus scheme for SMEs, the bank’s website announced.
EghtesadOnline: The Bank of Industry and Mine has managed to add 300 MW of electricity to the country’s power network by financing ten 500 MW power plants and 24 combined heat and power grids so far.