Appreciation of the Vice President of Banking, Insurance and State Enterprises of the Ministry of Economy for the performance of Saderat Development Bank

According to the financial news report, citing the public relations of the Export Development Bank of Iran, Sharifzadeh, the deputy of banking, insurance and state-owned companies affairs of the Ministry of Economic Affairs and Finance, praised the performance of the Export Development Bank of Iran in recent months and said: “The surveys show that the ruling view In Iran Export Development Bank, there is a transformational view and a good perspective has been drawn for the bank.

Sharifzadeh said in the meeting to review the performance of this bank in the first six months of this year: Considering the capital adequacy of Iran Export Development Bank and the nature of this bank, it is necessary to develop banking interaction and establish branches in neighboring countries and Far East countries such as India, China, and Malaysia. be included in the programs of this bank.

He continued: Based on the capacity of clause (g) of Note 2 of the current year’s budget, banks are allowed to use the income from the sale of their surplus property to increase their capital and also benefit from the capacity of their subsidiaries to help increase their capital.

The deputy of banking, insurance and state-owned companies affairs of the Ministry of Economy said: “Connecting with the capital market is a brilliant opportunity to increase the capital of banks, and Iran’s Export Development Bank, with the capacity of a large capital providing company at its disposal, can accelerate the process of increasing its capital.” excuseme.

Sharifzadeh, referring to the opportunity to use the issuance of bonds for the bank, said: Central Bank has recently given permission to issue certificates of deposit and this opportunity is available for banks with adequate and healthy capital to issue special certificates of deposit for investment projects. Publish them with an attractive interest rate for customers.

The deputy of banking affairs, insurance and state companies of the Ministry of Economic Affairs and Finance considered the issuance of bonds by the bank as a platform to strengthen the Rial sector in banks and said: to be successful in this field, investing in reliable and profitable projects that return investment guarantees, is of particular importance.

Emphasizing the importance of Iran’s export development bank’s interaction with similar economic institutions in the field of export and import, he said: communication with the ministries related to export and import can provide a basis for improving the development banks’ capabilities.

Sharifzadeh went on to discuss the issue of human resources and training and said: Considering that many years have passed since the last recruitment in Iran’s Export Development Bank, it is necessary to take necessary measures to restore human resources, especially in the field of foreign exchange. In this case, the Ministry of Economy announces its readiness to cooperate with the bank.

He further added: Division of provincial work is a very good proposal that was raised in this meeting. We hope that by strengthening the branches of Export Development Bank of Iran, especially in the border provinces, it will provide the basis for the development of exports and the transformation of this bank into the Exim Bank of the region.

The Vice President of Banking, Insurance and State Enterprises of the Ministry of Economy further pointed to the development of the bank’s products with the aim of attracting customers and providing new services to customers and said: Paying attention to the momentum that the Export Development Bank of Iran has taken on the path of transformation and growth. It is expected to be on the top of the list of the best development bank in the country in the near future.

It should be noted that in the meeting to review the performance of the first six months of the current year of Iran Export Bank, Dr. Afshin Khani, the CEO and Hassan Bakhtiari, the financial vice-president of this bank, made statements that will be published in detail later.