Bank of Industry & Mine
Since its establishment in 1978, Bank of Industry Mine (BIM) has contributed many infrastructural investments directly or indirectly. Financing several cement, steel, transportation and petrochemical projects are some examples. The Bank has approved its contribution in financing SMEs using up to 35% of its internal banking resources in 2006 which is expected to reach 50% during 2007. As of February 2007, the Bank has approved 1096 projects costing 1,630.15 billion Rials. The projects are expected to yield 12576 employment in various regions of IRAN.