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Cheap Loans

  • EghtesadOnline: In a push to promote electric motorcycles, Tehran Municipality, jointly with the state-backed Omid Entrepreneurship Fund, will extend cheap loans to e-bike buyers, covering 80% of the vehicle's price.

  • EghtesadOnline: In line with the state-backed policy to accelerate the growth of knowledge-based firms and startup ecosystems in Iran, cheap loans will be offered to eligible companies and emerging enterprises in less-developed villages.

  • EghtesadOnline: Tehran Municipality has signed an agreement with Omid Entrepreneurship Fund to allocate 12.5 trillion rials ($105 million) in cheap loans for the expansion of public transportation system in the capital.

  • EghtesadOnline: Minister of Cooperatives, Labor and Social Welfare Ali Rabiei said the government is planning to offer low-interest loans to pensioners for purchasing necessity goods.

  • EghtesadOnline: Loans at an annual interest rate of 5-9% will be offered to encourage job creation and production in border regions and adjacent areas, Interior Minister Abdolreza Rahmani-Fazli said on Sunday in Zabol, the capital city of the southeastern Sistan-Balchestan Province.

  • EghtesadOnline: Interest rates on loans to small-sized enterprises will be cut by 8% as per a memorandum of understanding signed between the Ministry of Industries, Mining, and Trade and the Central Bank of Iran, said Sadeq Najafi, the managing director of Iran Small Industries and Industrial Parks Organization on Tuesday.

  • EghtesadOnline: Since the beginning of the current Iranian year (started March 21, 2017), the government has taken a few measures, including the “Comprehensive Employment Scheme”, to promote entrepreneurship projects in small cities and rural areas through the allocation of cheap loans from banks’ resources, an official with the Ministry of Cooperatives, Labor and Social Welfare announced.