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Coordinates: 35.7622°N 51.4158°E. 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. [1]
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 ...
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 ...
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 ...
Shetab was introduced in 2002, and now all card issuing banks in Iran are required to connect to the system. [2]In 2005, the government obliged the Central Bank of Iran and the Iranian banks, mostly state owned, to set up all the necessary infrastructures (regulatory, hardware, software) for fully launching e-money in Iran by March 2005.
While established in Tehran, the bank operated throughout the nation with 1998 employees and 253 branches. [1] Sina Bank is listed under the Tehran Stock Exchange and is currently one of eight private banks in Iran. [3] The bank is currently the 64th largest company in Iran. [4] In 2007, Sina Bank had initial equity capital of 10 Billion IRR. [5]
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