Banking and insuranceEconomical

Participation of Tourism Bank in large projects with internal resources and National Development Fund


In recent years, the economic situation and the challenges facing the country, including the oppressive sanctions, have created problems for the growth and development of banks, but Tourism Bank as the main holding in the field of money and banks. In the tourism finance group, it was able to neutralize the existing problems and provide a successful record by optimally allocating resources.
The Tourism Bank, which has always focused on the tourism industry, was able to start large projects for the prosperity of the tourism industry by taking big steps in this field and succeed in scoring these projects.
Many projects such as Mikamal Kish, Prestigeland (Isfahan City Center) have been put into operation and other projects are in the final stages. The Mikamal Kish project will be inaugurated by the end of this year.
The Land of Iranians (Island) project is another important project that has been created with the aim of providing recreational-welfare-sports facilities of the country’s development programs in tourism affairs and the necessary facilities and permits of the special economic zone. Has created such unique and unique projects.
Using domestic resources and the resources of the National Development Fund, the Tourism Bank has financed the tourism industry, including hotels and leisure centers, and this provides the necessary capacity to receive tourists, and with the completion of the corona and the prosperity of the tourism industry in the country, Many of the needs of tourists can be met. Also, with the implementation of these projects, in addition to the development of different areas, direct and indirect employment has been created for thousands of local youth in these areas.
The important point is that all the mentioned projects have started the necessary measures to be present in the capital market and are ready to be offered in the capital market.
Although due to sanctions and severance of banking relations, the bank has not attracted a significant share of monetary banking activities in the field of foreign trade, but having the necessary licenses for foreign exchange activities, the statistics related to foreign exchange transfers in categories The first is while the chain of providing foreign exchange services, including the exchange company and other necessary facilities has been created.
Today, banks in the world have moved towards branchless banking, and therefore Tourism Bank has taken the necessary measures to digitalize and provide digital services and has taken effective steps to provide online services. Reducing the cost of resources, implementing incentive plans, focusing on providing desirable services and customer accreditation, controlling bank spending, obtaining capital increase licenses, quantitative and qualitative development of investment funds are some of the most important measures taken in recent years.
** Bright landscape
The Tourism Bank started its activities with the slogan “Beyond the Borders” and is still working on it. If the negotiations are concluded and the sanctions and restrictions are removed from the bank, by confronting and establishing relations with foreign banks, due to having young and specialized personnel, it will have a greater share in providing services in the foreign trade sector and the bank’s position in banking. International will be promoted.

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