Karafarin Bank Shifts from Charity to Deposits

Karafarin Bank has made a significant change in its approach, shifting its focus from charity to deposits. This change is a strategic move to increase its revenue and expand its services.

The bank's decision to prioritize deposits is a calculated risk, as it aims to attract more customers and increase its market share. By doing so, Karafarin Bank hopes to become a leading financial institution in Iran.

Karafarin Bank has a strong presence in Iran, with a large network of branches and a significant customer base. Its commitment to providing quality services has earned it a reputation as a reliable and trustworthy bank.

A unique perspective: Banks and Banking Services

Karafarin Bank offers a wide range of convenient services to its customers.

The bank provides internet banking services, allowing users to manage their accounts online. This service enables customers to check their account balances, transfer funds, and pay bills from the comfort of their own homes.

In addition to internet banking, Karafarin Bank also offers a payment gateway, making it easy for customers to make online payments.

The bank issues various types of credit cards and gift cards, providing customers with flexible payment options.

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In today's digital age, banking has become more convenient than ever. Internet banking is one of the most popular services offered by banks, allowing customers to manage their accounts, pay bills, and transfer funds online.

With internet banking, you can access your bank account from anywhere in the world, as long as you have a stable internet connection. This service is available 24/7, making it a great option for those who need to manage their finances at odd hours.

Banks also offer various payment gateways, making it easier to pay bills and make transactions online. These payment gateways are secure and reliable, ensuring that your transactions are processed smoothly.

From gift cards to credit cards, banks offer a wide range of cards that can be used for various purposes. These cards can be used to make purchases, pay bills, and even earn rewards.

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Bank Caravaran chose to invest in deposits instead of Islamic loans.

The bank's deposit of 408,370 billion rials at the end of Mehr 1403 generated an income of 9,756 billion rials.

This is in contrast to the bank's Islamic loans, which had a total of 1.032 trillion rials and a remaining balance of 24,922 billion rials by the end of Mehr 1403.

The bank's deposit is 395.7 times larger than its Islamic loans, and 16 times larger than the remaining balance of its Islamic loans.

The income generated from the bank's deposit is 9.4 times larger than its Islamic loans and 6 times larger than the loans paid out during the period.

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Karafarin Bank is committed to supporting research and development in Iran, as evident from its involvement in various national projects.

The bank has partnered with the Iranian Ministry of Science, Research and Technology to provide financing for research and development projects, demonstrating its dedication to the country's scientific growth.

One notable example is the bank's support for the development of a new vaccine against COVID-19, which was a crucial contribution to the country's fight against the pandemic.

The bank Bank Melli was not mentioned in the provided article section, but we do know that Bank Karafarin, a Iranian bank, was affected by sanctions. It was placed on the US Treasury Department's list of Specially Designated Nationals and Blocked Persons in 2020.

The bank's operations were severely impacted by this designation, making it difficult for them to conduct business with international partners. In October 2020, Bank Karafarin was added to the US Treasury Department's list of Specially Designated Nationals and Blocked Persons.

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Social Responsibilities play a vital role in the development of any society. The Bank of Entrepreneurship has taken up various activities to fulfill its social responsibilities, including constructing, equipping, and renovating schools.

They have also equipped hospitals and healthcare centers, provided financial support to charities, and implemented projects to provide clean water to underprivileged villages.

The Bank's efforts in supporting the publication of books is also noteworthy.

Here are some of the Bank's notable social responsibility projects:

Hamidreza Golabchi Kochebag is one of the researchers who has worked on Karafarin Bank.

Several researchers have dedicated their expertise to studying Karafarin Bank, and their work is available on the Civica platform.

Here are some of the researchers who have worked on Karafarin Bank:

Karafarin Bank is a well-studied topic, with numerous articles covering its various aspects.

The articles about Karafarin Bank have been categorized under several scientific headings, including banking, customer loyalty, knowledge management, branding, organizational culture, and performance evaluation.

Some of the key keywords associated with Karafarin Bank articles are: bank, customer loyalty, knowledge management, branding, organizational culture, performance evaluation, risk management, and customer satisfaction.

Here are some of the specific keywords related to Karafarin Bank:

Additionally, some articles about Karafarin Bank have also been compared to other Iranian banks, such as Bank Melli Iran, Bank Sepah, and Export Development Bank of Iran.