Bank Tejarat Backs Petchem Industry: CEO

Bank Tejarat Backs Petchem Industry: CEO
(Monday, November 18, 2019) 16:24

TEHRAN (NIPNA) – The CEO of Bank Tejarat voiced the bank’s plans to finance petrochemical development projects.

Addressing a gathering of senior petrochemical officials, Reza Dolatabadi said the bank was also planned to become an energy supporting bank especially in the petrochemical industry in the future.

“We are determined to support the sector and facilitate its development,” he said.

The official further added that providing financing instruments to all the petrochemical industrialists who operate in line with completion of the value chain of the industry and develop projects was one of Bank Tejarat’s strategies, adding the bank has various plant to endorse petrochemical upstream and downstream projects in Iran.  

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