Cooperative Development Bank has the capacity to issue gam bonds
According to Poli Mali news, Mohammad Sheikh Hosseini, head of the Cooperative Development Bank, said in a meeting with a group of cooperative unions and companies: The history of authentic cooperatives goes back to ancient Iranian tribes and the Mesopotamia region, and organizations such as “Wareh and Beneh” are advancing various mechanisms. He has had social, livelihood and agricultural affairs of the people.
He reminded: In every field that the cooperative sector has been on the scene, relying on popular participation, it has been very effective, as the approaches are too much inclined towards formality and administration, and from the image of popular participation, spontaneous and original. Being has moved away, cooperation has moved away from its original goal and path.
Sheikh Hosseini pointed out: the situation of the Cooperative Development Bank and the cooperative sector are interdependent, and the strengthening of each leads to the strengthening of the other.
The head of Cooperative Development Bank emphasized: It is very important that the main focus of the bank is on special services for cooperatives, and special privileges and priorities have been included in various types of specialized and general banking services for cooperatives.
He stated: It is necessary that the arrangements and service process of the Cooperative Development Bank have sufficient compliance with the financial and banking needs of the cooperatives, and the orders and demands of the cooperative’s customers are effective in the arrangement and regulation of service rules and processes.
Sheikh Hosseini added: Cooperative Development Bank has the capacity to issue Gam bonds worth 350 thousand billion Rials, and these bonds provide financing for the value chain.
He emphasized: Through extensive consultations and correspondence, we are looking for the bank’s credit facility to be cooperative so that the bank can focus more on supporting the cooperative sector as its statutory mission.
After listening to the words and points of view of the cooperatives present in the meeting, the head of the Cooperative Development Bank said: A committee will be formed with the presence of three staff managers present in the meeting in order to review and facilitate banking services and resolve the issues raised, so that within a short period of time, positive results will be obtained for the benefit of the cooperatives. be achieved
Seyyed Baqer Fatahi, Chairman of the Board of Directors of Cooperative Development Bank, said: “Currently, there is a lot of unity and solidarity among the components of the cooperative sector, including the cooperative deputy, the cooperative chamber, unions, companies, the bank and the guarantee fund, which is due to the role-playing and measures of the cooperative deputy. .
Fatahi added: Cooperative faction, as the largest faction of the Islamic Council, is a good opportunity to raise the problems and issues of cooperatives, and cooperatives can play a greater role in economic fields by presenting their demands.
Mohammad Jafar Irani, a member of the board of directors of the Cooperative Development Bank, said: “Cooperatives in the advanced economies of the world have played important functions in industries and economic sectors, such as supplying electricity to the country, agriculture, banking, and various productions, and the cooperative sector of the country can achieve a lot with its self-confidence and cohesion. It made the potential sectors of the economy into reality.
Irani added: The common market of the cooperative sector is one of the most important proposed mechanisms to strengthen the cooperatives, which can consolidate the cycle of the value creation chain in the diverse activity lines of the cooperatives.
He emphasized: The establishment of the Supreme Council of Cooperatives, consisting of the Deputy of Cooperatives, the Cooperative Chamber, the cooperatives and the bank, can be a solution for taking measures and decisions to strengthen cooperatives.
Amir Hoshang Asarzadeh, a member of the Board of Directors of Tehseh Cooperative Bank, said: Solving the basic problems and issues of the cooperatives can only be achieved through the role of the cooperatives themselves.
Emphasizing the importance of relying on domestic power and supporting national production, Assarzadeh continued: The bank has been committed to supporting the power of producers.
Addressing the cooperatives present in the meeting, he said: Consider Cooperative Development Bank as your own bank, and the widespread acceptance of cooperatives and the increase in the share of the cooperative sector in banking operations have strengthened the bank, and the bank is more capable of supporting and financing cooperatives.
In this meeting, which was held in the presence of CEOs and representatives of a number of unions and cooperative companies, Saeed Maadi, Deputy CEO of Provinces and Marketing, Ahmad Mohammadi, Head of Credit Management, Sayad Rahmanpour, Head of Provinces and Branches, and Yunus Kalantari. The head of the general department of customer affairs and market development was also present.