Tejarat Bank services in 1401

According to Iran Economist, the year 1401 was named the year of production, knowledge-based and job-creating, with all the difficulties resulting from cruel sanctions and economic turbulences, it was accompanied by different economic achievements.

Bank Tejarat, as one of the players in the economic field of Islamic Iran, this year, as in the past, put support for various large and small and knowledge-based industries as well as various sections of the society in line with its operational task and specialized work.

Signing dozens of cooperation agreements with customers

This year, in order to expand its interaction with financial and industrial holdings and economic enterprises, Tejarat Bank concluded several important agreements with these groups. Signing a memorandum of cooperation with companies such as Social Security Investment (Shasta), Iran National Petroleum Products Distribution Company, Iran Khodro Industrial Services Engineering Company (ISICO), Giti Pasand Industries Group, Iran Marine Facilities Engineering and Construction Company, Mammoth Group, Iran Transfo Industrial Group, Bijan food industries, stock exchange organization and several knowledge-based and start-up companies are only a part of the market development operations of this bank in 1401.

Special services of Tejarat Bank for large companies

In Tejarat Bank, large holdings that have a large volume of interactions with the bank and need complex financing and credit solutions in foreign currency and rial are supported in the form of corporate banking. In order to facilitate the business of customers and cover all their needs, various products have been designed and offered in Tejarat Bank, including chain financing, platform development, “Pay Bar” and “Hamiar Bar” products, “Sanat Yar”, open banking services. , personalization of products in commodity exchange and development of non-banking financial products, including the conclusion of contracts with value-creating companies of the Bank in the framework of Bank Tejarat’s financial supermarket.

This year, Tejarat Bank also operationalized supply chain financing (SCF) within the framework of the Central Bank’s announced policies, and as one of the leading banks, it has provided this new service to companies such as Iran Khodro and Mobarakeh Steel Complex. Accordingly, in one of the bank’s specialized seminars, Hamid Azarmand, the director of the central bank’s production chain financing department, called Tejarat Bank a leading bank in the production chain financing and said: With the agreement made with the ministry, a part of the production chains, including cars , household appliances, petrochemical and food industries, most of which are part of Bank Tejarat, were prioritized in this supply chain.

Excellence in foreign exchange services

Tejarat Bank has always had a special reputation in the country’s banking network in the field of providing foreign exchange and international banking services to customers of various sectors, and according to the latest statistics, according to the announcement of the Central Bank of the Islamic Republic of Iran, during the nine months of 1401, Tejarat Bank ranked first in all types of foreign currency payments in the banking network. has had the country From another point of view, until the end of January 1401, Bank Tejarat’s current facility was equal to 1.655 million dollars, and despite all the bottlenecks caused by the sanctions, it has increased by 10% compared to the end of last year.

In 1401, Bank Tejarat designed the Karno value package and granted microfacilities to the employees of companies and organizations through the Karnovam plan, with the view of supporting the hardworking and respectable class of workers and employees.

Bank Tejarat supports Iranian youth

As in previous years, this bank has carried out many public benefit measures in addition to providing financial support and facilities to various economic sectors in the form of fulfilling social responsibilities. Tejarat Bank has granted facilities to 263 projects from among the projects introduced in paragraph A of Note 18 (from the memorandum of understanding between the bank and the Vice President for Science and Technology) until February 11, 1401, totaling more than eleven thousand billion Rials. Also, Tejarat Bank paid facilities amounting to 7187 billion Rials to the number of 187 economic projects introduced during the presidential visits to different provinces of the country.

Supporting young people through the payment of marriage and childbearing loans is another measure that Bank Tejarat has carried out in a special way in 1401. According to the latest statistics, this bank has operated with 120 thousand 942 marriage loans and 85 thousand 899 child bearing facilities in the field of marriage and rejuvenation of the Iranian Islamic population until the end of February this year. In addition to this, the granting of 23,965 items of facilities to the nominees of the Imam Khomeini Relief Committee and the country’s welfare organization, totaling more than 20,736 billion Rials, is another support measure of Bank Tejarat in the direction of fulfilling its social responsibilities.

Implementation of digital banking policies is a necessity here

Under the policies of the Ministry of Economic Affairs and Finance regarding the implementation of the digital banking plan, Bank Tejarat has designed and implemented the implementation structure of its digital banking roadmap under the supervision of the digital transformation committee and with the follow-up and implementation of the digital banking establishment office. The position of the digital transformation projects and the improvement of the customer experience and its schedule are completely clear, and the payment management system is supposed to be finalized by 1402. In this regard, the “Budget” application as a gateway for mobile payments, authentication and payment facilities is available today and it is supposed to improve customer experience through digital banking, increase the efficiency and speed of customer service, and reengineer processes from To be implemented through empowering and creating skills among the employees of this bank. Products and services such as Ecotom, payment management, Sanatyar, budget application, completion and development of the validation system (LOS), open banking, launching of Bank Tejarat innovation center, setting up of Bank Tejarat digital academy and development of data governance and management system are among other actions of Bank Tejarat in It is a digital banking framework.

“Budget” application system reduces unnecessary visits to branches and people’s traffic, and its processes are designed in such a way that the borrower can receive his loan by only one visit to the branch after registering the application and sending the documents electronically. As an example, marriage loan applicants, after registering in the central bank system, if their bank is a business, they can do the next steps through the budget application, such as submitting the application, sending the documents of the recipient of the facility, guarantors, etc. Borrowers and their guarantors do not need to visit the branch repeatedly, print and submit documents.

VIP status for knowledge bases

The performance of Tejarat Bank in the area of ​​facilities until the end of January 1401 had an upward trend in such a way that the facilities paid by this bank to the elites are more than 291 billion Rials, the housing jump plan is 1332 items and the total amount is 2 thousand 591 billion Rials, Paragraph A of Note 18 In the form of 305 items and a total of more than 11 thousand billion Rials and the provision of essential needs of 9439 items in the amount of more than 1303 billion Rials and Samad systems and presidential economic plans a total of 56768 items and more than 56 thousand billion Rials have been granted.

In addition, this bank has paid a total of 133 thousand billion facilities to 1278 knowledge-based economic projects across the country by the end of January this year.

Today, more than ever, Iran’s economy needs to build confidence and calm the market, and to empathize and accompany various parts of the country with micro and macro goals, and the country’s banks can also do this within the framework of their professional duties and in line with macro economic goals. The Islamic Republic of Iran should play a role. It is possible to overcome difficult obstacles and deal with strong winds such as embargo and inflation if we follow industry and production based on knowledge and follow progress and development in business.