It is rare that a specialised bank dedicated to the development of a particular sector, such as agriculture, achieves significant market growth, improved productivity and national success. However, Bank Keshavarzi (BK) in Iran, under the direction of its chairman and managing director, Jalal Rasoulof, has achieved not only a remarkable transformation in the bank’s own effectiveness and profitability but has managed to provide an important financial stimulus to the under-funded agricultural sector.
Dramatic expansion