دات نت نیوک
International Development Agencies
Bank Keshavarzi, owning shares of stock in some international corporations, has established close interaction and cooperation with many international organizations, such as:

 

  • Islamic Development Bank (IDB)
  • Islamic Corporation for the Development of the Private Sector (ICD)

 

 

ORGANIZATION
(IDB)
Islamic Development Bank
WWW.ISDB.ORG
LOCATION
JEDDAH, SAUDI ARABIA
ESTABLISHMENT
 December 1973
MISSION
to foster the economic development and social progress of member countries and Muslim communities individually as well as jointly in accordance with the principles of Shari'ah i.e., Islamic Law.
ACTIVITIES
-         to participate in equity capital and grant loans for productive projects and enterprises besides providing financial assistance to member countries in other forms for economic and social development.
-         to establish and operate special funds for specific purposes including a fund for assistance to Muslim communities in non-member countries, in addition to setting up trust funds.
-         to accept deposits and to mobilize financial resources through Shari'ah compatible modes. It is also charged with the responsibility of assisting in the promotion of foreign trade especially in capital goods, among member countries; providing technical assistance to member countries; and extending training facilities for personnel engaged in development activities in Muslim countries to conform to the Shari'ah.
-         Promotion of Islamic financial industry and institutions
-         Poverty alleviation
-         Promotion of cooperation among member countries
-         Human development
-         Agricultural development and food security
-         Infrastructure development
-         Intra-trade among member countries
-         Private sector development
-         Research and development (R & D) in Islamic economics, banking and finance
-         Mobilization of financial resources and quality manpower
ACHIEVEMENTS
-         Extending loans to member countries for the financing of infrastructural and agricultural projects such as roads, canals, dams, schools, hospitals, housing, rural development, etc. both in the public and private sectors,
-         Conducting Technical Cooperation Program (TCP) among IDB member countries,
-          Enhancing the skills of technicians, professionals and officials in the mid-level management through 
            providing on-the-job training possibilities in order to enhance their performance and increase their technical and
            professional capacities.
2012 EVENTS
37th Annual Meeting of the IDB Group, Khartoum, Republic of Sudan, 8 – 12 Jumada Awwal 1433H (31 March – 4 April 2012)
ABI-IDB
Interaction
Shareholder ;
1st and 2nd lines of credits.
1st line used successfully, but 2nd line utilized ca 70%, remaining percentage unclear!
 
 
ORGANIZATION
(ICD)
The Islamic Corporation for the Development of the Private Sector
WWW.
LOCATION
JEDDAH, SAUDI ARABIA
ESTABLISHMENT
November 1999
MISSION
To complement the role played by the Islamic Development Bank (IDB) through:
-         Providing Islamic financial services & products
-         Promoting competition and entrepreneurship in member countries
-         Advising governments & businesses
-         Encouraging cross country investments.
 
ACTIVITIES
To identify opportunities in the private sector that could function as engines of growth and providing them with a wide range of productive financial products and services. Furthermore, ICD has the mandate of mobilizing additional resources for projects and encouraging the development of Islamic financing and capital markets.
ACHIEVEMENTS
-         Line of finance
-         Long term finance
-         Short term finance
-         Equity participation
 
EVENTS HELD IN 2011-2012
To be announced later
ABI-ICD
INTERACTION
-         Shareholder of 300 shares;
-         Participation in Int’l meeting and symposium annually