Banking & Insurance
More than 90% of the economy depends on banking system for financing yet the system is not efficient enough to circulate large sums of liquidities in the country. It blames for the bankruptcy of many small and middle-sized enterprises, especially during the recent economic downturn.
Although insurance industry has shown, that can be profitable, due to lack of confidence in this kind of institutions in Iran it still has a penetration rate of 1.2%. But this idea is changing since the share of non-mandatory insurances in the total value of premium incomes has increased to 57%.
With $ 324 m liquidity volume in the country, many of small and middle-sized enterprises have gone out of the business as a result of lacking modern banking systems and financial management.
The insurance industry with a share of just 2% of GDP at the moment, also needs to utilize modern and innovative methods of branding and marketing.
Although the market needs to import some machinery including banking machines and parts thereof that cannot be manufactured in the country, there is an urgent need for modern managerial, marketing, and branding systems for both banking and insurance industries. Suppliers and investors in these fields are very welcome to participate in this market.
If you need more information in this industry we can provide you with a report including the following sections:
- Country Overview
- Market Highlights
- Market Influencers (including market drivers and trends)
- Supply Chain (company profile and product portfolio of key players)
- SWOT Analysis (strengthens, weaknesses, opportunities, and threats)
- Future Projection
This report gives you a general overview of the industry and the list of top producers and distributors in the market. It provides a deep understanding the significant market shortages and the best opportunities in this industry. Besides, the report will inform you about the key influencers in the market, current trends, and future outlook.
Purchase Industry’s Key Players Directory
If you only need the contact details of Iranian companies active in your industry, you can purchase our industry-specific directory. The directory includes:
- List of 20-300 Companies, based on the industry
- Company Name
- Company Address
- Contact Person
- Website, if any
This list enables you to directly get in touch with potential Iranian buyers/partners and kick-start your negotiations in Iran. Before we send the directory to you, we contact these companies and check the contact information of every single company on the directory and make sure we provide fresh and accurate data to you.
Customized Reports: However, if you need more specific insights about your market or looking for information about particular products, you may ask us to prepare a tailored research just for your product. If that is the case, just click here.