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Entries for February 2014
January 5, 2013 marks the third year of NDFI establishment. Accumulation of USD 58.6 billion amid the harshest sanctions and around USD 22.5 billion of loans extended/earmarked in this short period are indicatives of NDFI determin...
Hosseini
announced the revision of the organizational structure of the National
Development Fund of Iran and Establishment of Portfolio and Risk Committees, among
other issues.
Chairman of Board of Executive Directors of ...
NDFI is required to allocate the Rial equivalent
of 200 million Dollar to recapitalize Innovation and Flourishment Fund with the
aim of protecting knowledge based companies.
foreign currency is
converted to Rial merely in E...
10 percent of
NDFI national currency resources could go to private sector for implementation of environmental and
agricultural plans.
10 percent of
NDFI national currency resources is allocated to private and nongovern...
Having ratified some other chapters of the 1393
Budget, the MPs authorized NDFI to deposit 20% of its resources in foreign
currency with domestic private and state banks. The interest will be used to
achieve NDFI objectives. T...