Banking and insuranceEconomicalEconomicalBanking and insurance

Signing of a memorandum of understanding between the Cooperative Development Bank and the Farmers’ Social Insurance Fund


According to Puli Mali News, Mohammad Sheikh Hosseini, the CEO of Tehseh Ta’afan Bank, while expressing his satisfaction with the negotiations, said: “The cooperation and interaction of banks, funds and companies under the Ministry of Cooperatives, Labor and Social Welfare as players in this ecosystem is a task and It is a smart idea of ​​the Minister of Cooperation, Labor and Social Welfare, and these cooperations are necessary for synergy and strengthening of the group.

Sheikh Hosseini added: As a development bank, the Cooperative Development Bank has always served the agricultural and rural sectors and as a bank involved in the important tasks of the government, such as sustainable rural and nomadic employment facilities, home jobs, Note 18, has performed brilliantly and fulfilled its plan. has done.

The Managing Director of Tehsehe Cooperative Bank emphasized the existence of transparency and legality regarding the bank’s services, including the interest rate and the amount of expenses, and said: We have always acted according to the regulations of the Central Bank, so that this year we did not have a single day of overdraft from the Central Bank. We have been paying in the interbank market on most days.
Baitullah, the managing director of the Social Insurance Fund for Farmers, Villagers and Nomads, said: The legal duty and the emphasis of the honorable minister and the board of directors is that the fund must invest in order to witness the stability of the fund.

He added: We believe that the funds of the fund should be deposited in the banks of the same family, especially the Cooperative Development Bank.

In this meeting, Seyyed Baqer Fattahi, Chairman of the Board of Directors, Karim Mirzakhani, Acting Deputy CEO for Provincial Affairs and Marketing, Mohammad Salmani, Deputy CEO for Finance and Support Affairs, and Ali Vafaei, Director of Tehran Province Branches, were present.

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