The new resolution to extend the facilities of Iran Khodro and Saipa/ 1 year precautionary and supervisory restriction was canceled – rahnam

According to the economic correspondent of rahnam news agency, according to this resolution of the Money and Credit Council, each of the main companies Iran Khodro and Saipa for a period of one year in order to benefit from bank facilities and obligations as an independent single beneficiary and other group companies of each of Car manufacturers are collectively considered as a single stakeholder.

Also, based on this resolution, in order to finance Iran Khodro and Saipa companies, the issuance of bond papers for the two mentioned car manufacturers is allowed without taking into account the precautionary and regulatory restrictions.

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