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    • Parsian managing director:Privatization, the mechanism to improve business environment in banking industry

      Parsian managing director:Privatization, the mechanism to improve business environment in banking industry

      The managing director of Parsian bank introduced expansion of private banking and privatization as the appropriate mechanism for betterment of business environment in banking industry.

      The managing director of Parsian bank introduced expansion of private banking and privatization as the appropriate mechanism for betterment of business environment in banking industry.
      Marginal to closing ceremony of the forum of the role of banking system in change and development of the country, Mr. Soleimani Shayesteh talked over with a journalist from the center for development of business and discussed banking industry as well as its main challenges. "One of the most influential factors with regard to performance of banks is their ability to attract people's confidence. Decisions made for banks outside the banking system will jeopardize the banking system." he said.
      He considered monetary policies and their specifications as other factors which influence business and banking environment." These policies can either pave the grounds for competition among banks and diversification of their services or create problems for the banks." he added.
      He reminded the fact that privatization has contributed a lot to blossoming and boom of banking system. "Parsian was the first bank to introduce core banking and other banks followed on. At the moment, we possess the best core banking system in the whole banking arena." he said, "Of course, the software is always updating and we are always trying not to fall behind."
      "All banks of the country are currently connected to SHETAB switch and implement all monetary and fiscal operations in this environment. Central bank has put forward the question of second and third switches. With its unique software and hardware capabilities, Parsian E-commerce Company is able to support the second switch since it possesses an exclusive switch and related facilities." he continued.
      Concerning constructive and effective cooperation between banks Mr. Shayesteh explained that bank information is not supposed to be accessible to all, rather cooperation means feasibility of monetary transfer between them.