19 July 2022 - 11:21
  • News Code: 459581
PGPDIG Tapping Bank Mellat Resources in Development Projects

TEHRAN (Shana) – The CEO of Persian Gulf Production Capacity Complementary Industries Development and Investment Group (PGPDIG) said the company was planning to make full utilization of the capacity of Bank Mellat.

According to PGPDIG, aka Petrol Group, Rashid Qanei stated a meeting with Reza Dolatabadi, the CEO of Mellat Bank, which was held in order to expand relations and cooperation: “All development plans to complete the value chain and downstream parks of the Petrol Group, in addition to having a significant economic justification and being quick-yielding, are implemented in under developed areas, which bring effective and sustainable job creation.”

He described the role of liquidity in providing suitable financing for development projects as important, and noted: “Petrol Group and Mellat Bank can create wealth for shareholders and beneficiaries together.”

News Code 459581

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