Iran's Minister of Economic Affairs and Finance
Tahmasb Mazaheri declared on Saturday that 40 percent
of the strategic banking reform consisting of 26 basic and 100
operational projects, which have been underway for one and a half
years, is now completed, IRNA reported from Tehran.
He told IRNA that improvement of the operating system of national
banking network and optimization of the presented services is one of
the continuous programs of the banking system.
Mazaheri referred to implementation of phone banks, common
checks, inter-bank cash transfer, payment of water, electricity,
telephone and gas bills through internet and project on making Iran
check acceptable to all banks as some of the continuous services to
be presented to clients.
"Optimized banking system and presenting better service to
clients are part of the constantly pursued banking strategic reform
projects, which prompt banks to compete against one another in
attempt to satisfy their clients," he added.
The official added that ways of running state banks is one of
the reform projects, whose draft is currently being examined by
He hoped that Majlis will soon ratify the draft on banking
reform to enable banks to be more flexible in banking management and
enjoy more strict discipline in their decision-making process.
... Payvand News - 8/30/03 ... --