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[BUSINESS] · Iran · 2 sources

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Econavín Bank announces support for production units in East Azerbaijan

Econavín Bank executives met with economic activists in East Azerbaijan Province to emphasize comprehensive support for production units. The bank introduced the ‘Ham-Pay’ scheme, described as a major support package designed to assist economic enterprises and address production barriers.

Ali Mousavizadeh, Deputy CEO of the bank, highlighted that providing high-quality services to businesses remains a priority, especially given current economic conditions. The bank aims to facilitate production through specialized banking, experienced management, and reduced bureaucratic hurdles. Additionally, the ‘Novin Rights’ credit package was noted for providing low-cost services to employers, which is intended to benefit the livelihoods of production unit employees by ensuring timely wage stability.

Entities

East Azerbaijan Province · Econavín Bank · Kalibar