Extensive financing of urban infrastructure projects by Shahr Bank

According to the news of Poli Mali, on the eve of the 15th anniversary of the establishment of Shahr Bank, the vice president of investment and corporate affairs of this bank has explained its performance in various fields.
Financing of 30 thousand billion tomans from municipal bonds and acceptance of the guarantee pillar and agency of issuing all municipal bonds (Tehran, Mashhad, Shiraz, Isfahan, Tabriz, Qom, etc.) Intra-city transportation and… and acceptance of the guarantee pillar of about 10 thousand billion tomans of sukuk bonds and leases in line with the support of national production in various industries, including pharmaceuticals, steel, aviation, and food… It was the city bank.
Among the other achievements of this vice-chancellor, he pointed out the growth rate of 254% of the bank’s fee income from the acceptance of agency and guarantee of issuance of sukuk bonds, partnership and commercial activities. Also, by the end of 1401, a total of 32,000 billion Rials of Gam bonds were published and offered in the market in the form of 3 stock exchange symbols, and from this, 8,000 billion Rials were attracted to the branches.
The vice president of investment and corporate affairs of Bank Shahr in the field of implementing articles 16 and 17 of the law on removing barriers to competitive production and improving the country’s financial system also took significant measures such as: handing over 100% of the shares of Shahr International Commercial Development Company, handing over sixty-five percent of the shares Shahr Petro Energy Company has offered 15% of Shahr Financial Group’s shares in the capital market, merged Sadrai Shahr’s executive company with Jahan Housing and Construction Company, etc.
Realization of 146% of the company’s budget in the period of 6 and 9 months ending on 06/31/1402 and the correction and improvement of the profitability process of the companies, including the profitability of the Jahan Housing and Construction Company, are also among the actions of the deputy in the field of increasing the efficiency and return of investments. and it is hoped that the process of success of this bank will continue in the coming years.

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