Postponement of facilities of damaged businesses in the field of tourism by Sina Bank

In line with the policies of protection and assistance to businesses affected by Corona and following the notification of the Central Bank of the Islamic Republic of Iran, Sina Bank has taken action to postpone the facilities of businesses affected by tourism.

According to the economic report quoted by the public relations of Sina Bank, according to the planned measures and in order to help the businesses affected by the corona virus, for all businesses licensed by the Ministry of Cultural Heritage, Tourism and Handicrafts and in the case of facilities with installment repayment , Installments that have matured in the period of September 2016 to March 2016, will be transferred to the end of the repayment period.

Also, the return check of the applicants, beneficiaries and guarantors in the facilities of damaged businesses from Corona, which has been issued or will be issued from March 1, 1998 until the end of the implementation of the facility facility to business units and other facilities related to Corona. For coronary loan schemes only, it is exempt from the usual restrictions on granting banking facilities.

Supported businesses include hotels, guesthouses, ecotourism resorts, health and hydrotherapy complexes, roadside catering units, accommodation and catering facilities located in roadside service and welfare complexes and airports. And mentioned passenger terminals, sample tourism area, travel and tourism services office and the like.

It is worth mentioning that Sina Bank had previously postponed the installments of the borrowers’ facilities according to the notification of the Central Bank of the Islamic Republic of Iran.

The bank also allocated 50 billion rials in cash to the Imam Relief Committee to support the committee’s clients, as well as 24 ambulances to the Ministry of Health and Medical Education to transport coronary patients.


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