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Parsian Bank was founded in July 2001, [1] and opened for business in 2002. [2] It entered the Tehran Stock Exchange in 2004 [citation needed]. Reuters news agency describes the bank as "Iran's largest non-state bank" in 2006, known for offering slightly higher interest rates on accounts than state-run banks, financing of as much as 80% of a property's value, so that financing was a real ...
The Agricultural Bank (Keshavarzi Bank) was the first Iranian bank to connect to the Shetab system. [ 5 ] In 2007, before the imposition of new sanctions against Iran , Tetra-Tech IT Company announced that using Visa and Mastercard is now possible for online sales and in Iranian e-card terminals at shopping malls, hotels, restaurants, and ...
Bank Maskan, Bank Keshavarzi, Bank of Industry and Mines and the Export Development Bank of Iran were next with the respective debts of $4.7, $4.1, $3.5 and $1.1 billion. Private sector banks had much lower debts. Bank Parsian, the largest private-run bank, owed about $421 million to the Central Bank. In addition, the collective debt of state ...
Bank Mellat (Persian: بانک ملت, Bank Milât, lit. People's Bank) is a private Iranian bank.Its name means "Bank of the Nation". Bank Mellat was established in 1980, with a paid capital of Rials 33.5 billion as a merger of ten pre-revolution private banks, comprising Tehran, Dariush, Pars, Etebarat Taavoni & Tozie, Iran & Arab, Bein-al-melalie-Iran, Omran, Bimeh Iran, Tejarat Khareji ...
IDRO Group (IDRO), SAIPA, National Iranian Petrochemical Company and Melli Bank ranked second to fifth respectively. [ 1 ] The most profitable companies as per financial statements for 2007 were IDRO, SAIPA, National Iranian Copper Industries Company and Mobarakeh Steel Company .
Bank Pasargad (Persian: بانک پاسارگاد, Bank Pasargad), also known as BPI, is a major Iranian bank offering retail, commercial and investment banking services. The company was established in 2005 as a part of the government's privatization of the banking system.