Iranian bank introduces ‘credit certificates’ without interest accrual

17:27 - 16.12.2024


December 16, Fineko/abc.az. Bank Melli Iran has introduced "credit certificates for manufacturers" (GAM) to support manufacturers and simplify short-term financing of enterprises without accrual of interest.

ABC.AZ informs that according to the Public Relations Department of Bank Melli Iran, these certificates allow applicants to receive business financing without paying interests, making upfront payments, depositing cash or maintaining minimum account balance.