Islamic Republic Development Bank
The Islamic Republic Development Bank is an Iranian government bank that is to be managed by the Central Bank of Iran. The plan to create the development bank was laid out in 2023, and the bank is scheduled to be opened by 2024.
Background
The purpose of the bank is to help jobs, industry, and infrastructure in smaller towns and cities. It is to surpass the other specialized government bank, the military funding bank.{{Cite web|url=https://www.tasnimnews.com/fa/news/1398/02/18/2006955/%D9%85%D8%AA%D9%86-%DA%A9%D8%A7%D9%85%D9%84-%D8%B7%D8%B1%D8%AD-%D8%AA%D8%A3%D8%B3%DB%8C%D8%B3-%D8%A8%D8%A7%D9%86%DA%A9-%D8%AA%D9%88%D8%B3%D8%B9%D9%87-%D8%AC%D9%85%D9%87%D9%88%D8%B1%DB%8C-%D8%A7%D8%B3%D9%84%D8%A7%D9%85%DB%8C-%D8%A7%DB%8C%D8%B1%D8%A7%D9%86|title=متن کامل "طرح تأسیس بانک توسعه جمهوری اسلامی ایران" - تسنیم|website=خبرگزاری تسنیم | Tasnim}} The bank would procure and sell development stocks. It is part of the seventh quininal program.{{Cite web|url=https://www.ilna.ir/%D8%A8%D8%AE%D8%B4-%D8%B3%DB%8C%D8%A7%D8%B3%DB%8C-3/1414956-%D8%A8%D8%A7%D9%86%DA%A9-%D8%AA%D9%88%D8%B3%D8%B9%D9%87-%D8%AC%D9%85%D9%87%D9%88%D8%B1%DB%8C-%D8%A7%D8%B3%D9%84%D8%A7%D9%85%DB%8C-%D8%A7%DB%8C%D8%B1%D8%A7%D9%86-%D8%AA%D8%B4%DA%A9%DB%8C%D9%84-%D9%85%DB%8C-%D8%B4%D9%88%D8%AF|title=بانک توسعه جمهوری اسلامی ایران تشکیل می‌شود|date=November 25, 2023|website=خبرگزاری ایلنا}} Ensafnews called it 'a daydream for the government.'{{Cite web|url=http://www.ensafnews.com/439609/%d8%a8%d8%a7%d9%86%da%a9-%d8%aa%d9%88%d8%b3%d8%b9%d9%87-%d9%85%db%8c%d9%88%d9%87-%d8%ae%db%8c%d8%a7%d9%84%e2%80%8c%d9%be%d8%b1%d8%af%d8%a7%d8%b2%db%8c-%d8%a7%d8%b3%d8%aa/|title="بانک توسعه میوه خیال‌پردازی است" | پایگاه خبری تحلیلی انصاف نیوز|date=September 13, 2023}}{{Cite web|url=https://sobh-eqtesad.ir/%D8%B7%D8%B1%D8%AD-%D8%AA%D8%A7%D8%B3%DB%8C%D8%B3-%D8%A8%D8%A7%D9%86%DA%A9-%D8%AA%D9%88%D8%B3%D8%B9%D9%87-%D8%AC%D9%85%D9%87%D9%88%D8%B1%DB%8C-%D8%A7%D8%B3%D9%84%D8%A7%D9%85%DB%8C-%D8%A7%D8%B9%D9%84/%D8%B3%DB%8C%D8%A7%D8%B3%DB%8C/|title=طرح تاسیس بانک توسعه جمهوری اسلامی اعلام وصول شد|date=July 25, 2018}}
- Bank Keshavarzi or Agriculture
- Bank Industry and Mining
- Bank Export Development
- Bank Cooperative Development
- Bank Maskan or Housing
It was part of the central banking reform program launched by Ebrahim Raisi.{{Cite web|url=https://www.magiran.com/article/4327358|title=Magiran | روزنامه اعتماد (1401/05/27): درخواست توقف طرح بانکداری|website=www.magiran.com}}