EDBI’s Achieve­ments In Boost­ing Ex­ports

Iran News - - DOMESTIC -

TEHRAN – On the eve of the an­niver­sary of the vic­tory of the Is­lamic Rev­o­lu­tion, Ex­port De­vel­op­ment Bank of Iran has pre­pared a re­port “Big Stride for Fi­nan­cial Sup­port of Ex­ports Com­pa­nies Through Fi­nance and Re­fi­nance Credit Lines” to present its achieve­ments in the in­ter­na­tional scenes.

The re­port points to the im­por­tance of the non-oil ex­ports and the strat­egy of the gov­ern­ment and Is­lamic Repub­lic for de­vel­op­ing it.

It in­di­cates that fi­nan­cial sup­port for non-oil ex­ports is of the ma­jor is­sues which can pave the way for ma­te­ri­al­iz­ing the goals in boost­ing non-oil ex­ports.

A glance at the per­for­mance of Ex­port De­vel­op­ment Bank as a spe­cial­ized bank in the non-oil ex­ports sec­tor shows that the bank has taken good steps in ma­te­ri­al­iz­ing the macro goals in the ex­ports sphere in the post-sanc­tions era.

The re­port shows that the bank has re­ceived re­fi­nance credit lines worth 25m, 100m and 25m eu­ros from France, South Korea, and Turkey. It also in­di­cates that the bank has signed for fi­nance credit lines worth 8b, 10b and one bil­lion eu­ros from South Korea, China, Aus­tria and Rus­sia.

The bank has achieved great suc­cess af­ter the JCPOA as it has re­con­nected to the SWIFT and it has re­stored re­la­tion with more than 100 for­eign banks.

132 for­eign banks and for­eign branches of Ira­nian banks abroad have re­stored SWIFT re­la­tion with EDBI.

The bank has set good records in bro­ker­age re­la­tion and re­ceiv­ing fi­nance and re­fi­nance credit lines in ex­ports sphere.

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