Acknowledgment of Bank Melli Iran by the First Vice President
Mohammad Reza Aref, First Vice President of Iran, during his visit to the National Development Group Investment Company, expressed his appreciation for the continuous efforts and support of Bank Melli Iran in strengthening the national economy. He recognized the bank as a key player in navigating economic crises.
He also commended the successful performance of the National Development Group in the capital market, emphasized the need to reduce government ownership and transfer enterprises to the private sector, and described Bank Melli’s role in managing recent national crises, especially during the economic war conditions, as “effective and valuable.”
Aref: “Bank Melli has stood firmly with the people and the economy during critical moments, and this path must continue.”
Read the full news:
https://mvp-bmi.ir/avz-event1943/
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He also commended the successful performance of the National Development Group in the capital market, emphasized the need to reduce government ownership and transfer enterprises to the private sector, and described Bank Melli’s role in managing recent national crises, especially during the economic war conditions, as “effective and valuable.”
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Introducing a Strategic Holding in Bank Melli Iran’s Portfolio
Cement Industries Development Investment Holding (SIDCO) | The Largest Cement Holding in the Region
Continuing the introduction of Bank Melli Iran’s strategic assets and subsidiaries, we present one of the leading holdings in Iran’s infrastructure and construction materials sector:
Cement Industries Development Investment Holding (SIDCO)
Established in 2003, SIDCO is currently recognized as the largest cement holding in Iran and the Middle East. With a professional approach to supply chain management, production, and distribution of cement, the holding has positioned itself as a world-class player in the cement industry.
Mission and Scope of Activities:
Investment in companies active in cement, concrete industries, technical and engineering services, cement machinery manufacturing, and related sectors
Focus on the production and distribution of cement, ready-mix concrete, precast components, and industrial packaging bags
Investment in mineral industries and infrastructure development projects
Technology development and utilization of skilled human resources to enhance productivity and global quality standards
Headquarters: Tehran, Iran
Year Established: 2003
Company Type: Listed (Public)
Board of Directors: 5 members (all appointed by major shareholders)
Major Shareholders:• Bank Melli Iran: 90.058%(via National Development Group Investment Company, National Development Investment Company, and National Development Market-Making Fund)
Key Subsidiaries: 1. Mazandaran Cement 2. Firuzkooh Cement 3. Shomal Cement 4. Sarooj Bushehr Cement 5. Kerman Cement 6. Momtaz Cement 7. Faraz Firuzkooh Cement 8. Gharb Cement 9. Darab Cement 10. Qaen Cement
These companies, operating across various regions, provide a complete value chain from production to export of cement and related products, playing a key role in the country’s cement industry development.
Leveraging modern technologies and strong management capabilities, SIDCO Holding represents one of the largest investment opportunities in Iran’s infrastructure and construction materials sector.
The divestment of shares in this holding is under review and planning, in line with targeted privatization and asset optimization by Bank Melli Iran.
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For more information about divestment opportunities:
mvp-bmi.ir
+98 21 8770 0052
@mvpbmien
Continuing the introduction of Bank Melli Iran’s strategic assets and subsidiaries, we present one of the leading holdings in Iran’s infrastructure and construction materials sector:
Established in 2003, SIDCO is currently recognized as the largest cement holding in Iran and the Middle East. With a professional approach to supply chain management, production, and distribution of cement, the holding has positioned itself as a world-class player in the cement industry.
These companies, operating across various regions, provide a complete value chain from production to export of cement and related products, playing a key role in the country’s cement industry development.
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Introducing One of the Valuable and Strategic Assets of Bank Melli Iran
Neka Choob Company | A Pioneer in Iran’s Wood and Forestry Industry
As part of the introduction of Bank Melli Iran’s key assets, we present one of the leading companies in the country’s wood and forestry sector:
Neka Choob Company
Founded as a joint-stock company in July 2005, Neka Choob began its operations in 1973 after obtaining an operating license from the General Directorate of Cellulose Industries. Today, it operates as a subsidiary of Bank Melli Iran, carrying out extensive activities in wood industries and forestry management.
Mission and Scope of Activities:
Sustainable forest management and forestry projects
Forest protection activities in accordance with the Forest Breathing Law
Establishment and operation of wood industry factories
Production of a variety of wood products, including:• Plain and melamine particleboards• Plywood and veneers• Various wooden boards and related products
Headquarters: Sari, Dasht-e Naz Road, Mazandaran Province
Year Established: 1969
Company Type: Non-listed
Board of Directors: 5 members (all appointed by Bank Melli Iran)
Shareholding Structure:• Bank Melli Iran: 100%
With a 30-hectare industrial site and extensive experience in forestry and wood industries, Neka Choob is recognized as one of Bank Melli Iran’s key and strategic companies.
The divestment of Neka Choob is being planned and pursued in line with privatization policies and asset optimization initiatives of Bank Melli Iran.
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For more information about investment opportunities and divestment projects:
mvp-bmi.ir
+98 21 8770 0052
@mvpbmien
As part of the introduction of Bank Melli Iran’s key assets, we present one of the leading companies in the country’s wood and forestry sector:
Founded as a joint-stock company in July 2005, Neka Choob began its operations in 1973 after obtaining an operating license from the General Directorate of Cellulose Industries. Today, it operates as a subsidiary of Bank Melli Iran, carrying out extensive activities in wood industries and forestry management.
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Minister of Economy: We Must Also Transfer Enterprise Management
Seyed Ali Madanizadeh, Minister of Economy:
The government and public institutions should not only transfer ownership but also delegate the management of economic enterprises, enabling the private sector to play an effective role in national development.
He emphasized that the primary priority of the Ministry of Economy is “reducing government ownership and promoting genuine privatization” and stressed:
People must have a direct role in the country’s economy.
Read the full news:https://mvp-bmi.ir/avz-event1945/
Introducing Dasht Cheshmeh Bonab Agro-Industry and Animal Husbandry Company
Dasht Cheshmeh Bonab Agro-Industry and Animal Husbandry Company is a multi-purpose production asset of Bank Melli Iran, operating on approximately 3,600 hectares of farmland and pastures in Fars Province. It is recognized as a dynamic enterprise in agriculture, livestock, and aquaculture.
Leveraging its natural resources and technical infrastructure, the company is active in horticulture, crop farming, animal husbandry, aquaculture, mineral water production, and food processing industries. According to its articles of association, its activities cover all areas related to agriculture, horticulture, poultry, aquaculture, honey production, silk farming, and food industries.
🟢 Products and Capabilities:
Agricultural Products: Wheat, barley, corn (for livestock), sugar beet, beans, and tomatoes
Horticultural Products: Walnuts and apples
Aquaculture: One of the highest-quality producers of cold-water fish in Fars Province
Other Activities: Mineral water production, management and development of pastures and arable lands
Legal and Ownership Details:•
Established: 1996•
Location: Shiraz, Fars Province•
Company Type: Non-listed•
Ownership: 100% owned by Bank Melli Iran•
Board of Directors: 3 seats, all under Bank Melli Iran’s control
With its strategic geographic location, reliable water resources, suitable climate, and production diversity, Dasht Cheshmeh Bonab is a valuable asset for Bank Melli Iran’s asset optimization initiatives. By attracting investors and implementing development projects, it has the potential to become a leading hub for agriculture and food industries in southern Iran.
@mvpbmien
He emphasized that the primary priority of the Ministry of Economy is “reducing government ownership and promoting genuine privatization” and stressed:
Dasht Cheshmeh Bonab Agro-Industry and Animal Husbandry Company is a multi-purpose production asset of Bank Melli Iran, operating on approximately 3,600 hectares of farmland and pastures in Fars Province. It is recognized as a dynamic enterprise in agriculture, livestock, and aquaculture.
Leveraging its natural resources and technical infrastructure, the company is active in horticulture, crop farming, animal husbandry, aquaculture, mineral water production, and food processing industries. According to its articles of association, its activities cover all areas related to agriculture, horticulture, poultry, aquaculture, honey production, silk farming, and food industries.
🟢 Products and Capabilities:
With its strategic geographic location, reliable water resources, suitable climate, and production diversity, Dasht Cheshmeh Bonab is a valuable asset for Bank Melli Iran’s asset optimization initiatives. By attracting investors and implementing development projects, it has the potential to become a leading hub for agriculture and food industries in southern Iran.
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Introducing Dasht Cheshmeh Bonab Agro-Industry and Animal Husbandry Company
Dasht Cheshmeh Bonab Agro-Industry and Animal Husbandry Company is a multi-purpose production asset of Bank Melli Iran, operating on approximately 3,600 hectares of farmland and pastures in Fars Province. It is recognized as a dynamic enterprise in agriculture, livestock, and aquaculture.
Leveraging its natural resources and technical infrastructure, the company is active in horticulture, crop farming, animal husbandry, aquaculture, mineral water production, and food processing industries. According to its articles of association, its activities cover all areas related to agriculture, horticulture, poultry, aquaculture, honey production, silk farming, and food industries.
🟢 Products and Capabilities:
Agricultural Products: Wheat, barley, corn (for livestock), sugar beet, beans, and tomatoes
Horticultural Products: Walnuts and apples
Aquaculture: One of the highest-quality producers of cold-water fish in Fars Province
Other Activities: Mineral water production, management and development of pastures and arable lands
Legal and Ownership Details:•
Established: 1996•
Location: Shiraz, Fars Province•
Company Type: Non-listed•
Ownership: 100% owned by Bank Melli Iran•
Board of Directors: 3 seats, all under Bank Melli Iran’s control
With its strategic geographic location, reliable water resources, suitable climate, and production diversity, Dasht Cheshmeh Bonab is a valuable asset for Bank Melli Iran’s asset optimization initiatives. By attracting investors and implementing development projects, it has the potential to become a leading hub for agriculture and food industries in southern Iran.
@mvpbmien
Dasht Cheshmeh Bonab Agro-Industry and Animal Husbandry Company is a multi-purpose production asset of Bank Melli Iran, operating on approximately 3,600 hectares of farmland and pastures in Fars Province. It is recognized as a dynamic enterprise in agriculture, livestock, and aquaculture.
Leveraging its natural resources and technical infrastructure, the company is active in horticulture, crop farming, animal husbandry, aquaculture, mineral water production, and food processing industries. According to its articles of association, its activities cover all areas related to agriculture, horticulture, poultry, aquaculture, honey production, silk farming, and food industries.
🟢 Products and Capabilities:
With its strategic geographic location, reliable water resources, suitable climate, and production diversity, Dasht Cheshmeh Bonab is a valuable asset for Bank Melli Iran’s asset optimization initiatives. By attracting investors and implementing development projects, it has the potential to become a leading hub for agriculture and food industries in southern Iran.
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CEO of Bank Melli Privatization Management Company:
“Until genuine and transparent privatization takes place, Iran’s economy will remain trapped in networks of lobbying and corruption, and no plan—even the best—will achieve its intended results.”
@mvpbmien
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Accelerating the Divestment of Bank Melli Iran’s Surplus Assets
Abolfazl Najjarzadeh, CEO of Bank Melli Iran, announced that the process of divesting and selling the bank’s surplus assets is being pursued more rapidly, while the focus on modern banking continues.So far, the bank has divested shares in 25 of its subsidiaries.
Read more:https://mvp-bmi.ir/avz-event1950/
@mvpbmien
Abolfazl Najjarzadeh, CEO of Bank Melli Iran, announced that the process of divesting and selling the bank’s surplus assets is being pursued more rapidly, while the focus on modern banking continues.So far, the bank has divested shares in 25 of its subsidiaries.
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Abbas Pazouki, CEO of Bank Melli Privatization Management Company:
“For building a modern and digital economy in Iran, there is no path other than a decisive exit from enterprise ownership, transparent and competitive asset divestment, and a focus on data-driven and transparent banking.”
“As the head of the bank’s divestment operations, I declare that Bank Melli Iran is determined to fully and transparently divest all its companies and completely exit from enterprise ownership, while extending a hand to capable and competitive private sector partners for collaboration.”
@mvpbmien
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️ Abolfazl Najjarzadeh, CEO of Bank Melli Iran, issued a message on the occasion of the 97th anniversary of the bank’s establishment, highlighting that the bank’s greatest asset is the support of its people and the dedication of its employees, and emphasizing the importance of customer trust and loyalty.
@bankmelli_ir | Bank Melli Iran Channel 
@mvpbmien
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“We Want to Divest”
President Pezeshkian, criticizing certain managerial appointments, stated:
“We often place incompetent individuals in management positions just because they are our friends or relatives—like it’s nothing.”
“Now, as we aim to divest, some always object: ‘Why did you remove the left, and keep the right?’ or ‘Why remove the right and keep the left?’ By God, I don’t care about left or right; I just want someone capable of doing the job to take the field.”
@mvpbmien
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