Banking and insuranceEconomical

Improving banking-insurance services to help the growth and development of cooperatives

The head of the Capital Markets, Insurance and Banking Commission of the Iranian Chamber of Cooperation stated:

Mohammad Sheikh Hosseini, the head of the Capital Markets, Insurance and Banking Commission of the Iranian Chamber of Cooperatives and the head of the Cooperative Development Bank, said about the programs of this commission: The specialized commission of the Capital Markets, Insurance and Banking Chamber Iran Cooperative is a sub-commission due to the size of the target community, and we provide the policies, services and services that currently exist in the Cooperative Development Bank to cooperative companies and seek to use the capacity of other We are also banks for the development of the cooperative sector.

The head of the Capital Markets, Insurance and Banking Commission of the Cooperative Chamber of Iran and the head of the Cooperative Development Bank, said: 80% of the economy is financed by the bank and insurance is one of the actors in the ecosystem of the economy with this description of programs for interest Acquisition of all specialized capacities of the cooperative sector, including banks, insurance and credit cooperatives with the focus on the Iranian Chamber of Cooperatives is developed and implemented.

Pointing to the importance of avoiding island activities and the need for a systemic and synergistic view between the components, he said: “The needs and desires of the body of cooperatives should be identified in the implementation and by counting those processes, foreign exchange credit policies, insurance and guarantee fund.” Investment should be adjusted to take effective steps towards the development of the cooperative sector and the satisfaction of the large cooperative family, which is the main audience and the target community of the Cooperative Development Bank.

In another part of the conversation, Sheikh Hosseini acknowledged the importance of the position of the cooperative sector: We provide the policies, services and services that currently exist to cooperative companies and seek to use the capacity of other banks We are also for the development of the cooperative sector.

He pointed out that the Capital Markets, Insurance and Banking Commission will count the capacities and put the identification of problems and challenges of cooperatives on the agenda. On the other hand, cooperative companies, unions and provincial cooperative chambers also have high capacities. And can submit suggestions, criticisms and suggested solutions to this commission.

Sheikh Hosseini pointed out: “By pathology and counting problems and recognizing capacities and receiving suggestions and solutions, we will reform our policies and strategies and try to achieve what the large cooperative family needs.”

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