BAKU, Azerbaijan, July 12
By Elnur Baghishov – Trend:
Iran's Tose`e Ta`avon Bank (Cooperative Development Bank) issued loans worth of 10.6 trillion rials (about $253 million) in the Fars Province (southern Iran) in the last Iranian year (from March 21, 2019 to March 20, 2020), Head of Tosee Taavon Bank’s branch in the province Gholamreza Hesanizadeh said, Trend reports citing the bank’s official website.
According to the Hesanizadeh, the loans were issued to 9,230 people in the Fars Province.
Hesanizadeh added that the loans were issued in industry, mining, services, trade, housing and agricultural sectors.
The official stressed that the bank loans can be very important in supporting investors and increasing production in the Fars Province.
Iran's Tose`e Ta`avon Bank supports economic and social development. The bank operates under the programs of the Ministry of Cooperatives, Labour, and Social Welfare of Iran.