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Bank Of Industry And Mine
Bank of Industry and Mine ( fa, بانک صنعت و معدن, ''Bank Sana't-e ve Ma'dæn'') is an Iranian government owned specialized bank located in Tehran, Iran. It endeavours to increase economic growth through the development of industry and mining. Its purpose is to be an economic enterprise, providing banking facilities, development and investment in order to advance Iran's economy. It aims to promote the participation of the private sector in the fields of industry, mining, modern technologies and their associated services. In 2017, A Chinese state-owned investment firm provided a $10 billion credit line for five Iranian banks, including the Bank of Industry and Mine, in order to support projects in the country." In light of US sanctions, The bank, and its subsidiaries, have had financial dealings with Danish and German Banks. See also *Banking in Iran *Industry of Iran *Mining in Iran *Iran Chamber of Commerce Industries and Mines *The Bank of Industry *Geological Sur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iranian Government
The Government of the Islamic Republic of Iran ( fa, نظام جمهوری اسلامی ایران, Neẓām-e jomhūrī-e eslāmi-e Irān, known simply as ''Neẓām'' ( fa, نظام, lit=the system) among its supporters) is the ruling state and current political system in Iran, in power since the Islamic revolution and fall of the Pahlavi dynasty in 1979. Its constitution, adopted by an ex post facto referendum, uses separation of powers model with Executive, Legislative, and Judicial systems, while the Supreme Leader is the country's head of state and commander-in-chief of the armed forces. It is currently one of the three governments using the title Islamic republic. Creation The Islamic Republic of Iran was created shortly after the Islamic Revolution. The first major demonstrations with the intent to overthrow the Shah Mohammad Reza Pahlavi began in January 1978, with a new, Islam-based, theocratic Constitution being approved in December 1979, ending the mon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1983
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iranian Companies Established In 1983
Iranian may refer to: * Iran, a sovereign state * Iranian peoples, the speakers of the Iranian languages. The term Iranic peoples is also used for this term to distinguish the pan ethnic term from Iranian, used for the people of Iran * Iranian languages, a branch of the Indo-Iranian languages * Iranian diaspora, Iranian people living outside Iran * Iranian architecture, architecture of Iran and parts of the rest of West Asia * Iranian foods, list of Iranian foods and dishes * Iranian.com, also known as ''The Iranian'' and ''The Iranian Times'' See also * Persian (other) * Iranians (other) * Languages of Iran * Ethnicities in Iran * Demographics of Iran * Indo-Iranian languages * Irani (other) * List of Iranians This is an alphabetic list of notable people from Iran or its historical predecessors. In the news * Ali Khamenei, supreme leader of Iran * Ebrahim Raisi, president of Iran, former Chief Justice of Iran. * Hassan Rouhani, former president o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Iran
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geological Survey And Mineral Exploration Of Iran
The Geological Survey and Mineral Exploration of Iran or in brief GSI is a government agency responsible for conducting geological and mineral surveys throughout the country, collecting the results of activities carried out in this field, establishing coordination, preparing and publishing geological maps of Iran. It is a subdivision of the Ministry of Industry, Mine and Trade, which was established in 1962 in cooperation with United Nations. History Nasrollah Khadem, Graduate of Mining engineering in Mines ParisTech, founded the Geological Survey and Mineral Exploration of Iran (GSI) in 1962 and was the head of this organization until 1974. Of course, the idea forming this organization dates back to 1959, and therefore, with the efforts of the Ministry of Industries and Mines, the law establishing of GSI was approved by National Consultative Assembly and Senate of Iran on August 20, 1959, and Geological Survey and Mineral Exploration of Iran (GSI) officially started its wor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Bank Of Industry
Bank of Industry Limited (abbreviated as 'BOI') is the oldest and largest Development finance institution, Development Finance Institution (DFI) currently operating in Nigeria. It is owned by the Federal Ministry of Finance (Nigeria), Ministry of Finance Incorporated (MOFI) Nigeria (94.80%), the Central Bank of Nigeria, Central Bank of Nigeria (CBN) (5.19%) and private shareholders (0.01%). The bank has 11 members on its board and it is chaired by Aliyu Abdulrahman Dikko. History Bank of Industry Limited began operations in 1959 as the Investment Corporation of Nigeria (ICON) Limited. In 1964, ICON Limited was reconstituted to become the Nigerian Industrial Development Bank (NIDB) Limited under the guidance of the World Bank. Initially, International Finance Corporation, International Finance Corporation (IFC) held 75% equity in NIDB and produced the first Managing Director. However, the equity structure was diluted in 1976 as a result of the indigenization decree. In 2001, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iran Chamber Of Commerce Industries And Mines
The Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit non-governmental institution, established to facilitate economic growth and development in the country. ICCIMA is a forum in the field of industries, mines and agriculture. Duties ICCIMA's main functions are: *facilitating cooperation among business persons and owners of industries, mines and agricultural units, *advising in the implementation of relevant state laws and regulations, *providing advisory opinions to the Government on commercial and economic issues, *establishing relations with chambers of commerce in other countries. As of 2010, Iran’s Chamber of Commerce had relations with 40 international chambers, *establishing joint chambers or committees of commerce, according to the general policies of the Government, *seeking to identify export markets for Iranian products and services, *creating a suitable entrepreneurship environment and removing business obstacles, *settling th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining In Iran
Mining in Iran is still under development, yet the country is one of the most important mineral producers in the world, ranked among 15 major mineral-rich countries, holding some 68 types of minerals, 37 billion tonnes of proven reserves and more than 57 billion tonnes of potential reserves worth $770 billion in 2014. Mineral production contributes only 0.6 per cent to the country's GDP. Add other mining-related industries and this figure increases to just four per cent (2005). Many factors have contributed to this, namely lack of suitable infrastructure, legal barriers, exploration difficulties, and government control. The most important mines in Iran include coal, metallic minerals, sand and gravel, chemical minerals and salt. Khorasan has the most operating mines in Iran. Other large deposits which mostly remain underdeveloped are zinc (world's largest), copper (world's ninth largest reserves in 2011, according to the managing director of National Iranian Copper Indus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Iran
Following the Iranian Revolution, Iran's banking system was transformed to be run on an Islamic interest-free basis. As of 2010 there were seven large government-run commercial banks. As of March 2014, Iran's banking assets made up over a third of the estimated total of Islamic banking assets globally. They totaled 17,344 trillion rials, or US$523 billion at the free market exchange rate, using central bank data, according to Reuters. Since 2001 the Iranian Government has moved toward liberalising the banking sector, although progress has been slow. In 1994 Bank Markazi (the central bank) authorised the creation of private credit institutions, and in 1998 authorised foreign banks (many of whom had already established representative offices in Tehran) to offer full banking services in Iran's free-trade zones. The central bank sought to follow this with the recapitalisation and partial privatisation of the existing commercial banks, seeking to liberalise the sector and encour ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Iran
The economy of Iran is a mixed economy with a large state-owned sector and is the largest in the Middle East in terms of nominal GDP. It is the world's 21st largest by purchasing power parity (PPP). Some 60% of Iran's economy is centrally planned."A survey of Iran: Stunted and distorted". ''The Economist'' (2003) It is dominated by oil and gas production, although over 40 industries are directly involved in the Tehran Stock Exchange. The stock exchange has been one of the best performing exchanges in the world over the past decade.Matthew Lynn: Are you brave enough to invest in Iran? ''Wall Street Journal (Market Watch)'', March 26, 2014. Retrieved March 28, 2014. With 10% of the world's [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining In Iran
Mining in Iran is still under development, yet the country is one of the most important mineral producers in the world, ranked among 15 major mineral-rich countries, holding some 68 types of minerals, 37 billion tonnes of proven reserves and more than 57 billion tonnes of potential reserves worth $770 billion in 2014. Mineral production contributes only 0.6 per cent to the country's GDP. Add other mining-related industries and this figure increases to just four per cent (2005). Many factors have contributed to this, namely lack of suitable infrastructure, legal barriers, exploration difficulties, and government control. The most important mines in Iran include coal, metallic minerals, sand and gravel, chemical minerals and salt. Khorasan has the most operating mines in Iran. Other large deposits which mostly remain underdeveloped are zinc (world's largest), copper (world's ninth largest reserves in 2011, according to the managing director of National Iranian Copper Indus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
