Bank and Insurance

Paying more than $ 4 billion in facilities from the National Development Fund to the end of September by the Industry and Mine Bank

Paying more than $ 4 billion in facilities from the National Development Fund to the end of September by the Industry and Mine Bank
Mining News Pro - The Bank of Industry and Mine as the operating bank has paid more than $ 4 billion and $ 125 million of foreign currency funds from the National Development Fund for financing industrial projects by the end of September.
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According to Mining News Pro -Meanwhile, the facilities approved from the site amount to 10.5 billion dollars, which is allocated to 319 industrial projects.


The number of contracts that were signed during the aforementioned period by the Bank of Industry and Mines from the National Development Fund was 289 projects with facilities totaling $ 8.5 billion.


On the other hand, credits totaling $ 5 billion and $ 400 million from the National Development Fund have been opened by the bank for 482 projects.


It is worth mentioning that in recent years, the Bank of Industry and Mine has funded a lot of infrastructure projects in the field of petrochemicals, cement, power plants, steel, railways, etc. Some of these projects have been exploited.


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