The performance evaluation meeting of Bank Melli’s subsidiary holdings was held

According to the financial news report, quoted by the public relations of National Bank of Iran, Mohammad Reza Farzin, CEO of National Bank of Iran, in this meeting, Abbas Shafiei, Chairman of the Board of Directors, Nasser Shahbaz, Member of the Board of Directors, Alireza Mahyar, Member of the Board of Directors and Vice President of Information Technology and Communication Network. Alireza Sadeghi, Vice President of Comprehensive Banking, Mohammad Shirijian, Member of the Board of Directors and Vice President of Planning and Development, Amir Masoud Rezazan, Vice President of Finance, and Yekta Ashrafi, Head of the General Department of Investment and Corporate Affairs, were present, pointing to the shortfall of the six-month budgets in reflecting the performance. Subsidiary companies of the National Bank of Iran said: The budgets of the companies should be prepared quarterly so that they can be evaluated in the same season.

He added: Subsidiaries should be included in the value chain of the National Bank of Iran, and a major part of their activities should complement this chain.

The Managing Director of the National Bank of Iran emphasized: Based on the value chain in the planning, it is possible to measure in which direction these companies should move.

Referring to the necessity of exiting the banking sector, Farzin said: National Bank of Iran’s strategy is that it does not retain any company and companies that have a duty-oriented role are retained.