Bank Keshavarzi Iran

Keshavarzi Bank
State-owned enterprise
Industry Banking , Financial services
Founded 1933 (1933)
Headquarters Tehran, Iran
Area served
 Worldwide
Key people
 Rohollah Khodarahmi,
chief executive officer
Products Finance and insurance
Consumer Banking
Corporate Banking
Investment Banking
Investment Management
Global Wealth Management
Private Equity
Mortgages
Credit Cards
Revenue Increase US$2.91 billion (2016)[1]
Increase US$1.3 million (2007)
Total assets $18.29 million dollars (2007)
Number of employees
 16,115 (full-time)[2]
Website http://www.bki.ir/
Central branch of Keshavarzi bank in Nishapur

Keshavarzi Bank (Persian: بانک کشاورزی‎), also known as Agribank, is a major Iranian banking establishment offering retail and commercial services. The company was established in 1933 and as a Farming and Industrial Bank. Currently, the bank serves as the only specialized financial institution in the agricultural sector that holds over 1800 branches nationwide and finances nearly 70% of the Iranian agricultural sector.[3]

While established in Tehran, the bank operates throughout the nation with over 16,000 employees and 1800 branches.[4] The bank currently specializes in providing credit facilities for agricultural development and other rural development activities.[5]

Operations

The bank currently operates throughout the country, housing a total of 1800 branches. In addition to offering short and fixed deposit accounts for domestic and overseas clients, the bank provides letters of credit, treasury, currency exchange, corporate loans syndication, financial advisory and electronic banking services.[6]

In 2003 a pilot branch was exclusively designed in Tehran to service teens exclusively. Currently, there are 85 branches across Tehran holding special windows for services offered to children and young people. Similar windows have recently been opened in provincial directorates.[7]

In 2009, the bank was awarded the Association of Development Financing Institutions of Asia and the Pacific's award for agricultural and environmental development.[8]

Rohollah Khodarahmi - President

Current members of the board of directors include: Heshmatollah Nazari, Habibollah Salami and Davar Mahikar.[9]

See also

References

  1. ↑ "Top 100 Iranian Companies".
  2. ↑ http://www.agri-bank.com/Download/AnnualReportE2008/AnnualReport2008.pdf
  3. ↑ http://bankkeshavarzien.blogspot.com/
  4. ↑ http://www.agri-bank.com/Download/AnnualReportE2008/AnnualReport2008.pdf
  5. ↑ http://goliath.ecnext.com/coms2/product-compint-0000755964-page.html
  6. ↑ http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=64921856
  7. ↑ http://bankkeshavarzien.blogspot.com/
  8. ↑ http://bankkeshavarzien.blogspot.com/
  9. ↑ http://www.agri-bank.com/Download/AnnualReportE2008/AnnualReport2008.pdf


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