“Businesses that have been damaged due to the outbreak of coronavirus in their economic activities can use the bank's facilities,” said the Credits Deputy Director of Bank Shahr.
According to the Communication and Public Relations Center of Bank Shahr, Mohammad Ali Khademi stating that maintaining employment and financing the operating units of businesses affected by Coronavirus in the current year is on the agenda of Bank Shahr, added: “In this regard, urban and suburban drivers who are self-insured can also use the facilities of Bank Shahr”.
Pointing out that the considered interest on the facilities will be 12 percent and the repayment of installments will be 24 months, Khademi continued: “The repayment of these facilities will begin on October after 3 months as grace period”.
“The amount of facilities will also vary depending on the job and the amount of ability to repay the installments by the business owners”, he specified.
The Deputy Minister of Credit of Bank Shahr by emphasizing that these facilities will be allocated only to the applicants who have registered in the "Kara" system of the Ministry of Cooperatives, Labor and Social Welfare, specified: “The enterprises affected Coronavirus can apply to the specified branches of Bank Shahr to receive the facilities.”