Bank Melli Iran, High Technology Development Fund Sign Cooperation Document

During the second day of the International Exhibition of Exchange, Bank, Insurance, a cooperation agreement was signed between the Bank Melli Iran and High Technology Development Fund.

Head of Bank Melli Iran board of directors Abbas Shafie underlined the ability of research and technology funds with regard to evaluate knowledge-based companies and introduce them to the country's banking network, he added.

High Technology Development Fund, as the country's top research and technology fund, has had good performance in activities such as validation, risk assessment, and assessment required by the electronic banking industry and is in line with financing knowledge-based and technological companies.

Meanwhile, CEO of High Technology Development Fund Roohollah Mir Amini said that stressed the need for traditional banking systems to upgrade services, saying that the High Technology Development Fund has provided services required by banks, including evaluation systems, validation systems, feasibility systems, file creation, and signing contract.

He noted that Bank Melli Iran, the largest bank in the country, needs a detailed evaluation of companies to reduce its investment risk.