20th January 2022
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    • Bank Shahr Has Taken Firm Steps towards the Development of Metropolises

      Chairman of the Islamic Council of Mashhad:

      Bank Shahr Has Taken Firm Steps towards the Development of Metropolises

      Bank Shahr Has Taken Firm Steps towards the Development of Metropolises

      The head of the Islamic Council of Mashhad said: Bank Shahr has always moved in the direction of professional banking, while estimating the needs of customers of the banking network for the development of metropolises and has taken firm steps.

      According to Bank Shahr Public Relations, Hassan Movahedian, stating that one of the duties of banks in the country is to help the development and growth of cities, said: “When steps are taken to develop a city according to the needs of citizens, the projects are designed that the city administration alone will not be able to finance.”
      Movahedian stated: For many years, the managers of Bank Shahr, by taking advantage of the macro policies defined for this bank, have been collecting people's micro-capitals and by integrating and injecting them into urban projects in the form of facilities to urban management, so that they have provided the development of the cities and metropolises of the country.
      The head of the Islamic Council of Mashhad, pointing out that a city, as a living system, has many potential and actual economic potentials, said: The founders of Bank Shahr, considering the many capacities in cities and metropolises, established a bank that, in addition to the extensive investments of the metropolitan municipalities as shareholders of the bank, provides the ground for the collection of public micro-capitals, too.
      He continued: “What the managers of Bank Shahr had considered in the macro-bank policies is being successfully implemented today, and we are witnessing that with the accurate and regular management of citizens’ micro-capitals, many projects have been created in the form of mega-projects in the country as well as the city of Mashhad.
      In the end, Movahedian said: the presence of Bank Shahr managers during the past weeks along with city managers in Mashhad and signing a joint memorandum between the two parties, which certainly paves the way for resolving part of the financial challenge in the development of Mashhad, is also worthy of appreciation.