Introduction

Maskan Bank Foreign Exchange and Currency Services Company (Private Joint Stock Company) was registered on 2009/04/08 with the national ID 10103993208 and registration number 350312 in the Tehran Companies and Industrial Property Registration Office and has been operating since 2009/06/15. The exchange license was also obtained from the Central Bank of the Islamic Republic of Iran under number 185538 on 2009/09/03. The main shareholder of this company is Maskan Bank and with a base capital of 2000 billion rials, as one of the country’s bank exchange houses, it is trying to meet some of the needs of the country’s businesses in the field of managing and transferring foreign exchange funds.

Company History

Latest Capital

2000 Billion Rials (Last Capital Increase in 1403)

Activity License
Extension of validity until the end of Shahrivar 1403

Date of establishment
04/08/2009
(under the name of the respondent exchange company)

Date of establishment
2009/04/08
(under the name of the respondent exchange company)

Mission and Existence Philosophy

Playing a Role in <<Foreign Trade Development>>

By transferring and managing the foreign currency funds of applicants and economic activists of the country and providing ancillary services in the areas of currency, coins, and precious metals.

Foreign currency transfers and remittances
Cash buying and selling of reputable currencies
Buying and selling of coins and precious metals
Buying and selling of foreign currency bonds

Five-year outlook or Five-year vision

Among the top 3 banking exchange offices in the country in terms of profitability

Honesty, transparency, and building trust with stakeholders

A systemic and transcendent approach and perspective towards the organization

Respect for the customer as the most important asset

A positive and collaborative environment for human capital

Core values (of the exchange)

Customer-centric management system policy

Customer Oriented Management System Policy

The translation of the provided text to English is:


Housing Bank Foreign Exchange Services and Exchange Company, with a self-organization approach, has been established to complete the value chain of Housing Bank and Housing Bank Financial Group’s services in the field of foreign currency exchange, remittances, and coins. This company aligns itself with the 20-year vision and 5-year development plans of the country, as well as within the framework of the mission and goals of its stakeholder objectives, to carry out its activities as follows:

Mission:

  • To play a prominent and influential role in the foreign trade and services sector of the country.
  • To play a strategic role in securing and providing foreign currency resources and meeting the needs of economic activists.

Vision:

To become one of the top three companies in value-added foreign exchange services and exchange within the next 5 years.

Values:

  • Commitment to the advancement and elevation of the company’s position in the exchange industry and the country’s economic space.
  • Honesty and integrity.
  • Sustainable protection of stakeholders’ rights.
  • Adherence to commitments to customers and shareholders.

Strategic Organization Goals:

The organization’s strategic themes are achieved through the following major goals:

  • Optimal management of foreign currency funds processes.
  • Efficient management of the value chain with a focus on planning, service delivery, monitoring value-adding factors, and improving organizational performance.
  • Empowerment and development of employees’ competencies.
  • Focus on improving operational and support infrastructure, financial planning, enhancing performance, and transparency.
  • Optimal resource management and utilization with an emphasis on agility, developing partnerships, and teamwork.

In line with Housing Bank Foreign Exchange Services and Exchange Company, its management system in customer-oriented management is based on the establishment of international standards, ISO 10002:2018 and ISO 9001:2018, to ensure stakeholder satisfaction, continuous improvement, compliance with legal requirements, and the pursuit of excellence.

Given the positive and sustainable effects of establishing customer-oriented management as a foundation for organizational transformation, this company, while securing the necessary resources for implementation and continuous improvement, also announces its commitment to creating participation and accountability among employees, the commitment to executing the provisions of this policy, and its annual review.


This translation conveys the key elements of the provided text, highlighting the company’s mission, vision, values, and strategic objectives in the context of its operations.

Introducing the shareholders

0/5%

Housing Bank Financial Group holds 0.5% of the company’s shares

Bank Maskan owns 99% of the company’s shares.

0/5%

Omid Roshan Educational and Welfare Company, Capital, Ownership of 0.5% of the company’s shares

Board members

Alijan Mohammadi

Chairman of the Board

Masoud Ghanbari

CEO and Vice Chairman of the Board

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Board Member