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Ghavamin Bank
Ghavamin Bank (Persian: بانک قوامین), ''Bank Qavâmin'', was an Iranian financial and credit institution established in 2000. Ghavamin Bank is the first bank in the country with the aim of helping to enhance the living quality and financial support of working staff of Iran police forces. It was dissolved after Iranian central bank merged 7 Iranian Armed Forces banks into Bank Sepah. History Ghavanim started as a charity loan fund then in July 2000 was restructured as a financial institute and renamed the Ghavamin Saving and Charity Loan Institute. Its range of activities to the public was expanded to police personnel. In 2004, following its successful and well managed risk to overtake the bankrupted ''Al-TAHA'' financial institute' debts and controlling the charity loan financial crisis in the Province of Isfahan, the Central Bank of Iran agreed to promote it to Bank in an step-by-step restructure. Finally, in June 2012 Ghavanim was licensed as public bank. In FY 201 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Law Enforcement Command Of Islamic Republic Of Iran
, mottotranslated = "Be steadfast witnesses for Allah in equity" ( Heraldry slogan) , formedyear = 1991 , formedmonthday = April 1 , preceding1 = Shahrbani (1913–1991) Gendarmerie (1910–1991)Committee (1979–1991) , employees = ≈600,000 (including conscripts and reserves) , volunteers = ≈35,000 honorary police , budget = , country = Iran , national = Yes , divtype = , divname = , divdab = , subdivtype = , subdivname = , subdivdab = , map = Blank-Map-Iran-With-Water-Bodies.PNG , mapcaption = Map of Iran with province borders , dmap = , sizearea = 1,648,195 km2 , sizepopulation = 86,758,304 (2022) , legaljuris = , governingbody = , governingbodyscnd = , constitution1 Law Enforcement Force Act 1990 , police = Yes , gendarmerie = Yes , religious ... [...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] |
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] |
Bank
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] |
Central Bank Of Iran
The Central Bank of Iran (CBI), also known as ''Bank Markazi'', officially the Central Bank of the Islamic Republic of Iran ( fa, بانک مرکزی جمهوری اسلامی ايران, Bank Markazi-ye Jomhuri-ye Eslāmi-ye Irān; SWIFT Code: BMJIIRTH) is the central bank of Iran. Established under the Iranian Banking and Monetary Act in 1960, it serves as the banker to the Iranian government and has the exclusive right of issuing banknote and coinage. CBI is tasked with maintaining the value of Iranian rial and supervision of banks and credit institutions. It acts as custodian of the National Jewels, as well as foreign exchange and gold reserves of Iran. It is also a founding member of the Asian Clearing Union, controls gold and capital flows overseas, represents Iran in the International Monetary Fund (IMF) and internationally concludes payment agreements between Iran and other countries. The website of the Islamic Republic of Iran was shut down on September 21, 2022 by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Sepah
Bank Sepah ( fa, بانک سپه, ''Bānke Sepah''), the first Iranian bank, was established in 1925 (corresponding to 1304 in the Iranian Calendar). Its first branch, in Tehran, opened that year. The bank also has branches in Frankfurt, Paris and Rome as well as a subsidiary, Bank Sepah International plc, in London. Sepah Bank has recently merged 4 other Iranian banks and 1 Credit Institution named: ''Ansar Bank, Mehr Eghtesad Bank, Hekmat Iranian Bank, Ghavamin Bank and Kosar Credit Institution''. History Bank Sepah was officially founded on May 4, 1925, with its first branch in Sepah st. in Tehran. Initially, an investment of 3,883,950 Iranian Rials was made from the military ranked personnel pension fund and the bank was set to exclusively provide military personnel with financial aids such as loans. With further increase in their domain of services, the headquarters for the bank was moved to a larger building in Homayoon st. Starting on March 15, 1926, with opening of ano ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iranian Armed Forces
The Islamic Republic of Iran Armed Forces, are the combined military forces of Iran, comprising the Islamic Republic of Iran Army (''Arteš''), the Islamic Revolutionary Guard Corps (''Sepâh'') and the Law Enforcement Force (Police). Iranian Armed Forces are the largest in the Middle East in terms of active troops. Iran's military forces are made up of approximately 610,000 active-duty personnel plus 350,000 reserve and trained personnel that can be mobilized when needed, bringing the country's military manpower to about 960,000 total personnel. These numbers do not include Law Enforcement Force or Basij. Most of Iran's imported weapons consist of American systems purchased before the 1979 Islamic Revolution, with limited purchases from the Soviet Union in the 1990s following the Iran–Iraq War. However, the country has since then launched a robust domestic rearmament program, and its inventory has become increasingly indigenous. According to Iranian officials, most of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Persian Language
Persian (), also known by its endonym Farsi (, ', ), is a Western Iranian language belonging to the Iranian branch of the Indo-Iranian subdivision of the Indo-European languages. Persian is a pluricentric language predominantly spoken and used officially within Iran, Afghanistan, and Tajikistan in three mutually intelligible standard varieties, namely Iranian Persian (officially known as ''Persian''), Dari Persian (officially known as ''Dari'' since 1964) and Tajiki Persian (officially known as ''Tajik'' since 1999).Siddikzoda, S. "Tajik Language: Farsi or not Farsi?" in ''Media Insight Central Asia #27'', August 2002. It is also spoken natively in the Tajik variety by a significant population within Uzbekistan, as well as within other regions with a Persianate history in the cultural sphere of Greater Iran. It is written officially within Iran and Afghanistan in the Persian alphabet, a derivation of the Arabic script, and within Tajikistan in the Tajik alphabet, a der ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iran Fara Bourse
Iran Fara Bourse Co. (IFB), also known as Farabourse, is an exchange for securities and other financial instruments in Tehran, Iran which operates under the official supervision of Securities and Exchange Organization (SEO). IFB operates as a self-regulatory organization governing the activities of its brokers and members. The company was established on November 12, 2008 and its transactions officially started in four market segments on September 28, 2009. IFB provides a market for both listed and unlisted securities. Currently, there are 5 market segments, including First Market, Second Market, Third Market, Base Market, and Modern Financial Instruments Market. IFB is a member of the Federation of Euro-Asian Stock Exchanges (FEAS) in addition to the Organization of Islamic Cooperation (OIC) Member States’ Stock Exchanges Forum. The establishment of Iran Fara Bourse Company is one of the main steps for developing the capital market in Iran and diversifying financial instruments ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loan
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent. Ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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