$500M Credit Given to Knowledge-Based Firms
EghtesadOnline: Mohammad Reza Farzin, the governor of the Central Bank of Iran said $500 million credit line was given to meet the currency needs of knowledge-based firms in the current fiscal year that started in late March.
$500M Credit Given to Knowledge-Based Firms
$500M Credit Given to Knowledge-Based Firms
Mohammad Reza Farzin, the governor of the Central Bank of Iran said $500 million credit line was given to meet the currency needs of knowledge-based firms in the current fiscal year that started in late March.
In a meeting with the vice president for scientific and tech affairs and representatives of leading knowledge-based companies, Farzin noted the support of the banking sector for the big companies.
"To address the currency issues faced by knowledge-based companies and effectively support them, $500 million in credit was allocated to them," the CBI website reported.
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