Supporting the Implementation of
Major Mational Projects
Financing of National projects
BPI has financed Hormuz Oil Refining Company in the objective of refining 300 thousand barrels of crude oil per day.
Participation in the big production plan
Bank Pasargad has taken big steps in commencing and reviving big production plans
in the country, with the aid if its subsidiary companies. Followings are 16 factories to be
mentioned as some examples, established in the industrial and mines sector:
Zarand Coke Making Plant with capacity of 800,000 tons per year
Sirjan Iron Concentrate Plant with capacity of 2 million tons per year
Zarand Iron Ore Concentrate Plant with capacity of 2 million tons per year
Pabdana Coal Washing Plant with capacity of 550,000 tons per year
Hamedan FESICO FeSiO2 Production Plant with capacity of 12,000 tons per year
Bardsir DR Making Plant with capacity of 1million tons per year
Bardsir Steel Making Plant with capacity of 1million tons per year
300
thousand
barrels
of crude
oil per day
TPA BIO-LEACH/SX/EW Plant with capacity of 50,000 tons per year
TPA Copper Tube Plant with capacity of 12,000 tons per year
Zarand Steel Making Plant with capacity of 1.7 million tons per year
Zarand Iron Ore Concentrate Pelletizing Plant with capacity of 2.5 million tons per year
Sirjan Iron Ore Pelletizing Plant with capacity of 2.5 million tons per year
Kerman DR & Steel Making Plant with capacity of 1.5 million tons per year
Sirjan Iron Ore Concentrate plant (2nd phase) with capacity of 2 million tons per year
Zarand Iron Ore Concentrate Plant (2nd phase) with capacity of 2 million tons per year
Butia Iron Ore Pelletizing Plant with capacity of 2.5 million tons per year
104
The total development cost of these 16 projects, summed up to
(based on reference currency rate)
IRR 50,000 billion
16
factories
Production support and economic self-sufficiency
In order to achieve economic self-sufficiency, BPI has continuously supported the country’s manufacturing sector by providing preferential financing conditions.
BPI unceasingly granted financial facilities to all sectors of
the Iranian economy
Facilities Granted to Various
Economic Sectors
0.09 %
1.49 %
0.11 %
3.38 %
31.81 %
63.13 %
106
Export
Housing
Agriculture
Construction
Industry & Mining
Trade & Services
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Employment Opportunity
As of 19 March 2016, Pasargad Financial Group (BPI, its subsidiaries and affiliates) employed 31,527 employees as shows in the table below:
1
BPI
3,815
2
Middle East Mines and Mineral Holding Co. (MIDHCO)
8,966
3
Pasargad Insurance Co.
13,329
4
Pasargad Aryan ICT Co.
571
5
Pasargad Aryan Supporting Services Co.
835
6
BPI Electronic Payment Co.
437
7
Others
3,574
Total
31,527
Chapter 10
Indirect Employment
By dividing the total amount of credit facilities granted by BPI for year 2015/16 by capital
required for creation of one job (IRR 2,691 million), we can conclude that BPI created
more than 82,000 indirect jobs for the year 2015/16.
Chapter 9
Number
Chapter 8
Company
Chapter 7
No.
Chapter 6
Direct Employment
107