Iran plans to allocate €40 million loans to the exporters out of the Forex Fund, Iran's Export Guarantee Fund managing director said here on Sunday.
The Mehr News Agency quoted Seyyed Kamal Seyyed-Ali as saying that, "The Central Bank of Iran has approved the allocation."
The Eghtesad Novin, Pasargad, Parsian and Saman banks will be in charge of giving the loans with the approval of Iran's Ministry of Commerce.