فارسی | Friday18 August 2017
Privatization

Refah Bank’s Privatization:

    With the purpose of extending all banking services to people from all walks of life and creating required facilities for workers, Refah Bank has been established and registered in 1960 with an initial capital of IR.Rials 400 out of the resources of social insurances. After several months’ nonstop tracing the issue, finally Monetary & Credit Council approved the bank’s new Article of Association and upon registration on 09/06/2012 in the department of company & non-commercial institutes Refah Bank officially became private and the bank’s capital reached from I.R.Billion 895 to I.R.Rials 4000 and registered. Accordingly Refah Bank’s ownership status has been determined and with this capital increase, the ground for enhancing the activities and extending better services to customers has been paved. From the date of its establishment, Refah Bank has put priority on extending services to people and meeting their satisfaction and while enjoying knowledgeable and experienced employees and benefitting from professional behavior Refah Bank has performed client orientation, improvement of branches network, designing and presenting new services and electronic banking.

     From among the bank’s main achievements in recent years, obtaining the first rank regarding client orientation in banking & insurance group in successive years, establishing quality management system based on ISO 9001 and obtaining the related certificate as the first bank in Middle East in 1999 and extending it per year & ….. can be pointed out.

     Refah Bank’s success in today’s competitive world depends on a prospective approach so the bank’s strategies have been collected within the framework of Refah Path. This roadmap has been designed as a mid-term document in the bank’s journey towards privatization focusing on meeting the entire bank’s beneficiaries and will be the bank’s guide in this path. Privatization will doubtlessly be the greatest change in the bank’s history and will be the initiative of the bank’s move in reaching higher objectives.

      Relying on the Almighty God’s assistance and enjoying the collaboration of effortless employees and their experiences, Refah Bank is purposed to implement the principles of non-usury banking law and expand electronic banking services as the bank’s strategic objective in IT in a year which is named “national production and supporting Iranian work and capital” by the Supreme Leader. Refah Bank is trying to draw a clear perspective in serving people within the upcoming years.