Speaking to NIPNA, Saleh Abadi said the bank supports Iranian petrochemical companies and last year ensured a €2.2b investment by Chinese financiers for development of petrochemical projects in Iran.
"Moreover, the bank has also offered its resources to a number of petrochemical plants for financing in recent years and under the sanctions," he said.
Even though a private bank, the Export Development Bank of Iran is reputed as an Exim bank that helps bolster the country's foreign trade, he said.