Karafarin Bank in Top 10 Companies based on 100 top Companies of Iran

Karafarin Bank was recognized by the Industrial Management Institute (IMI) among the top ten pioneering companies in IMI-100.
According to a report released by the Karafarin Bank Public Relations Department, Karafarin Bank was among the top 10 Iranian companies in 2017-18 in 20th at the IMI-100 Conference held on February 18th, 2018 in Islamic Republic of Iran Broadcasting International Conference Centre.
The Industrial Management Organization has claimed that the main criteria for selecting top companies is the fluctuations in sales ranking among top 100 Iranian companies, within the last four years.
Other criteria include: availability of company information in IMI-100 rating during the last three years (at least) and the company in question not having a descending sales trend and not being loss making in the past one year.
Having closely scrutinized the mentioned criteria against company performance, the Experts Committee of Business & Industry, identified ten companies earning the highest points. In selecting these companies, the mentioned committee pay a special attention to the maturity levels of such companies. Mature companies are expected to demonstrate a positive sales track record or at least to maintain their current sales position.
This conference recognized Karafarin Bank Holding as the top fourteen company in terms of sales. The Industrial Management Institute releases the rating of top Iranian companies every year, with the objective of disclosing transparent information and statistics on companies and providing general information on the country’s business environment, and assisting policy makers, researchers and managers gain a greater understanding of Iran’s companies and its financial and economic structure.