Applying open banking method in order to realize digital banking

According to the Iran Economist, quoting the public relations of the Bank of Industry and Mines, Dr. Mehri, who along with Dr. Khorsandian and Hossein Askari, members of the board of directors and a group of senior managers of the bank, traveled to Mazandaran province today, December 6, to continue field visits to various industries. Together with Dr. Shamsuddin Hosseini, a member of the Islamic Consultative Assembly, he was present among the craftsmen and entrepreneurs of this province and stated: The Bank of Industry and Mines during the past years has a total of 165 thousand billion Rials to finance the manufacturing industries of Mazandaran province in 341 large projects. Has paid an average of and directly created employment for 4,000 people.
Dr. Mehri, referring to the increase in the share of working capital facilities in the facility portfolio of the bank, said: “We try to provide working capital facilities to provide liquidity to manufacturing companies to prevent their closure and closure, because the continuation of economic activity until enterprises. A large amount is related to the provision and management of their short-term resources, and fortunately in this province, a total of about 254 working capital in the amount of 61,000 billion rials has been paid.
He pointed out: “Various factors such as the emergence of fintechs and large technology institutes, the pressure to create a competitive open space using technology and the impact of digital banks in the international banking scene, make our country’s banks to go digital.” Becoming forward.
Dr. Mehri stated: Recognizing the obstacles ahead, creating technological structure and infrastructure and improving processes and upgrading human resources are among the most important measures that must be done in order to digitalize a bank.
He continued: “Satisfying stakeholders and combining it with real data received from the needs of each customer is a necessary condition for the success of a bank in digital travel and should be based on the level of internal maturity of the bank based on the digital transformation roadmap, business models.” And redefine the processes of the organization and at the same time consider the needs of stakeholders, environmental developments and the rate of development and maturity of the bank in order to achieve digital banking.
Dr. Shamsuddin Hosseini, who was present at these meetings, emphasized: The Bank of Industry and Mines has placed all its actions around the axis of comprehensive support of production units, which has always provided effective and desirable services to the craftsmen and entrepreneurs of the province and as a A caring and experienced partner and advisor has appeared alongside them.
During this trip, the CEO of the Bank of Industry and Mines, together with the accompanying delegation, visited the Mahtab Caspian Power Company, Iran Tak Nakh and the Caspian Compressed Wood Company.
Mahtab Caspian Power Plant has been put into operation by a syndicate with the Bank of Industry and Mines and with facilities of 215 million Euros and with the participation of several other banks.
Iran Tak Yarn Company is a producer of textured yarn, two-part flamenco yarn and polyester and has received 155 billion Rials in Rial facilities from this bank.
Caspian Compressed Wood Company will also produce uncoated MDF boards after operation. The company has received 570 billion Rials in Rial facilities and 30 million Euros in foreign exchange facilities from the Bank of Industry and Mines, and after construction and operation, 155 people will be employed in this company. It is worth mentioning that Dr. Mehri will continue his trip with the staff of Mazandaran Provincial Management and Sari, Amol and Tonekabon branches and will also visit several other industrial companies.