• time : 11:5:6
  • Date : Tue Feb 23, 2021
  • news code : 205421
Tejarat Bank, SIPIEM sign a memorandum of understanding
The Memorandum of Understanding between Tejarat Bank and Society of Iranian Petroleum Industry Equipment Manufacturers (SIPIEM) was signed at the second specialized exhibition of Supporting Domestic Manufacturing in the Petrochemical Industry.

(SHADA: TEHRAN) -- According to the memorandum, which was signed by Reza Dolatabadi, CEO of Tejarat Bank, and Majid Mohammadpour, Chairman of the Board of Directors of the Society of Iranian Petroleum Industry Equipment Manufacturers, Tejarat Bank will provide the banking services required by the society and its 850 knowledge-based companies members.

Stating that one of the missions of the bank is to support the petrochemical industry, the CEO of Tejarat Bank said: Considering its long history and brilliant experience in cooperating with oil and energy companies, Tejarat Bank still tends to increase the level of cooperation by providing various services and facilitating the provision of facilities and commitments.

Important matters such as issuance of credits and guarantees are also addressed in this memorandum.

The Society of Iranian Petroleum Industry Equipment Manufacturers, which was approved by the General Assembly in 1382, has more than 500 active members in the field of oil industry, which provides a significant part of the equipment in this field.

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