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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 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.
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 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 ...
Tourism Bank was first introduced in 2008 as a specialized bank for the tourism sector. It was established through a joint venture between the private sector and the Central Bank of Iran, and officially began operations in 2010. In 2019, the bank’s shares were listed on the Tehran Stock Exchange under the ticker symbol "GRDZ1". [7] [8] [9] [10]
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]
Iranian-European Bank (German: Europäisch-Iranische Handelsbank AG; Persian: بانک تجارتی ایران و اروپا, Bank Tejareti-ye Iran vâ Erupa) is a German bank founded in 1971. [1] Headquartered in Hamburg , it has two other branches in Kish Island (opened in 2005) and Tehran (representative office turned into branch in 2008). [ 2 ]