The facilities for Arbaeen pilgrims are paid in the form of Qarz al-Hasna
According to the report of Iran Economist, quoted by Shada, Seyed Ehsan Khandozi, Minister of Economic Affairs and Finance, at the Annual General Assembly of National Bank of Iran for the period ending at the end of 1401 and in the executive committee of this bank, emphasized that the performance of National Bank of Iran in 1402 should be better. since last year, he stated: National Bank as a bank that, although it had a decline in some of its macro indicators, but in the new period and especially since 1400, there are clear and undeniable evidences that There is financial discipline as well as clear economic goals in the bank.
Khandozi added: The more accurate and precise this vision is presented to the managers in the various management levels of the bank, and the set of requirements that this vision wants to be realized, the more refined it will be as the necessary standards for the management of the National Bank. The eyes of the managers and employees of National Bank and this perspective will help that this path and change in the direction of the bank is not a temporary change but a continuous one, and we hope that the process of improvement and progress will continue in the coming years.
In the continuation of his speech, the Minister of Economy pointed to the cash imbalance axis of the National Bank of Iran and stated in this context: the cash imbalance of the bank can be managed in a local and seasonal way, and in this context, the bank’s management will take some measures that will be implemented at the end of the year. 1401, showed that bank overdrafts can be reduced to zero and minimized.
Khandozi added: But because this issue has not been resolved in a structural way, as soon as a bank returns to performing its duties, this disease will recur, and I think there should be a plan regarding the cash imbalance of banks.
He added: Although this problem is external to some extent and is caused by factors that are imposed on the bank management from outside, but the bank management should try to make arrangements so that this problem can be treated and resolved At least the cash imbalance of the bank should have a decreasing trend.
Continuing his speech, the Minister of Economy emphasized the importance of the issue of profitability in the National Bank of Iran and said: What happened last year, which started with the previous management in the bank, is the right path, but it still does not have the necessary strength, and in order to be able to safely see the future If we talk about profitability in the bank, other things should happen beyond just banking operations.
Khandoozi further stated: Although the current cost price is not ideal in the field of banking operations and even in 1401, it has increased a little, but with the help of other aspects, the National Bank of Iran can turn the consolidated balance of the bank towards a profitable one. To move with stability and security in the field of companies.
He pointed to the issue of corporate ownership of the National Bank of Iran and said: Currently, the National Bank of Iran has found a minimum of discipline in the corporate field, but unfortunately, because this bank has a legacy of a very harmful practice from the past. And online monitoring in the field of financial and economic operations of companies was not done properly and even in the field of appointments that existed in corporate departments, unfortunately, the correct standards and balances were not used and changes and appointments quickly and successively in these companies lead to It has happened that as much as we in the Ministry of Economic Affairs and Finance expect and the government expects from the National Bank of Iran in the first way, this bank has not yet reached that satisfactory point in the corporate sector.
The Minister of Economic Affairs and Finance continued his speech by emphasizing that the National Bank of Iran should divest its unnecessary companies as soon as possible, and added: We demand from the National Bank of Iran to act in such a way every year and bring about changes in At the end of 1402, we feel as if another banker has come to work.
Emphasizing on overcoming the structural resistance to transfers, Khandozi said: “Overcoming the stickiness that exists in the management body for banking is one of the other strategies that the National Bank of Iran should undertake in 1402, and we, as the Ministry of Economic Affairs and We will definitely help the managers of the bank group with a high heart to have the courage to really mark a turning point in the issue of handing over companies.
In the continuation of his speech, the Minister of Economy pointed to the issue of directing resources to the field of production which is important for the national interests of the country and the government and further clarified that such plans may not be economical in the short term, but in the next five or six years this capital Investments will be considered very cost-effective and strategic, and from this point of view, it is very important to direct resources towards such projects.
Khandozi further said: monitoring the optimal use of facilities considering that the validation standards in the country are still inappropriate is one of the other priorities that the National Bank of Iran should put at the top of its work. The Minister of Economy further pointed to the issue of the contribution of micro-facilities and non-face-to-face facilities in the performance of National Bank of Iran and said in this context: Compared to other banks, National Bank of Iran is one of the few banks with a defensible track record in this field, but relatively What is expected from the National Bank still has a long way to go.
Khandoozi considered strengthening the activities of Melli Bank of Iran in the international field as another important axis that this bank should consider as a strategy this year and further emphasized: In this field, we do not need more work, but a revolution, and despite All these very valuable capacities, good human capital and foreign branches that the National Bank of Iran has, can do much better in this area, and my serious request is that this year, this case should be planned and targeted. Follow up seriously and as a priority for available and active forces in the international field of the bank.
At the beginning of this meeting, Abolfazl Najjarzadeh, the CEO of National Bank of Iran, presented a report on the bank’s performance in 1401, and then the representatives of the audit organization, the legal auditor of National Bank of Iran presented the audit report for the financial year ending in 1401 to the assembly, and the financial statements were approved. The assembly arrived.
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