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Islamic Finance Briefing - Categorized | Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort more

$500mln facilities for private sector by IDB

Posted on 03 November 2009

From Tehrantimes.com: Islamic Corporation for the Development of the private sector (ICD), a member of the Islamic Development Bank (IDB), has allocated $500 million facilities for private sector firms in Iran.

Hossein Salimi, advisor of Iran Chamber of Commerce, Industries and Mines, said ICD representatives have reviewed ways of granting the facility to the private sector in Iran with members of the Chamber, Islamic Republic of Iran Broadcasting reported……………………..Full Article: Source

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