Banking in Iran

Bank Saderat Iran

As a private bank, BSI was established in 1952. with around active branches, BSI runs the largest banking network in Iran. In BSI started offering electronic online services, and now pioneers in the number of online branches ATM. machines, and point of sale terminals with remarkable share of the market. With close to 60 years of banking experience, a deep sense of commitment to its basic principle and a full implementation of usury-free Islamic banking, BSI, as a credible popular bank always attempts to maintain its top position among other rivals through following the lead in international banking and customer–oriented principles and offering quality banking services. In addition, BSI has a leading role in achieving customer satisfaction and developing the economy of our Islamic country. From the very beginning, BSI endeavored to encourage innovation in banking services in line with its customer – oriented marketing strategy. The first BSI overseas branch was established in Hamburg, Germany in 1961, which was followed by opening of other overseas branches Including London, Frankfurt, paris, Athens, Ashkabad, Muscat, Qatar,(2 branches ), UAE ( 8 branches plus one Regional Office ), Lebanon (5 branches plus one Regional Office ). Now BSI has the full or partial ownership of 4subsidiaries and independent overseas bank including BSI, PLC in London. The overall BSI banking units currently stands at 25. Although,our overseas branches are providing retail banking services, their core business remains to be Trade Finance. In 2013.03.20, BSI has IRR 22,906,142 million ($ 1,868 million ) as share capital. Its capital adequacy ratio and profit was 7.87% and IRR 4,992,689 million ($ 407 million ) respectively. At present, the capital of bank Saderat Iran has increased to IRR 57800 billion (USD 4.7 billion)

10001+ staff

Bankmelli1307

Bank Melli Iran (BMI; Persian: بانک ملی ایران‎, lit.'National Bank of Iran') is the first national and commercial retail bank of Iran. It is considered as the largest Iranian company in terms of annual income with a revenue of 364 657 billion Rials in 2016.[3] It is the largest bank in the Islamic world and in the Middle East.[3] By the end of 2016, BMI had a net asset of $76.6 billion and a vast network of 3.328 banking branches; so it is known as the largest Iranian bank based on the amount of assets. The brand of BMI was recognized as one of the 100 top Iranian brands in 10th National Iranian Heroes Championship in 2013.[4] The National Bank has 3328 active branches inside, 14 active branches and 4 sub-stations abroad and it has 180 booths.[5] The first managing director of BMI was Kurt Lindenblatt from Germany. Also, the first foreign branch of BMI was opened in Hamburg, Germany in 1948.

10001+ staff

Bank Mellat

Bank Mellat was established on 1979/12/20 by virtue of the resolution dated 1979/9/29 adopted by the General Assembly of Banks and pursuant to the provision of article 17 of the Bill on administering the Banks, with a paid up capital of Rls 33.5 bn 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 Iran and Farhangian. Currently, the bank's capital amounts to Rls bn and is one of the largest commercial banks in the Islamic Republic of Iran, ranking among the top banks of the world.

10001+ staff

Agriculture Bank Of Iran Bki

The first official agricultural finance institution of Iran was established in 1933. The institution, decades later called The Agricultural Cooperative Bank of Iran (ACBI), grew gradually providing funds for small and medium-scale agricultural activities in villages nationwide. The Agricultural Development Bank of Iran (ADBI) was founded in 1969 in order to finance the large scale development projects in the agricultural sector. After the Islamic revolution, based on the "Banking Nationalization Law", the two afore-mentioned banks were merged to form "Bank Keshavarzi (Agriculture Bank of Iran)". Having access to specialized human resources and experiences of the two organizations gained during several decades of granting credit facilities to small and large projects, the bank was provided with new possibilities to render quality banking services to the rural population and the agriculture sector of the country.

10001+ staff

Post Bank Of Iran

The necessity of rendering banking services and expanding financial postal services throughout the country, especially in undeveloped cities and remote and deprived areas, as well as meeting banking needs of people, reducing the unnecessary traffic and saving time for achieving such services, preventing nonessential expenses, caused the Islamic Consultative Assembly to ratify the establishment of Post Bank of Iran (PBI) as an independent organization on the September 10, 1995. Therefore, PBI commenced its activities on the basis of its Article of Association as an independent organization under the supervision of the ministry of information technology and communication and Central Bank of Iran (CBI) on December 21, 1996. PBI as one of the principal organizations of the ministry of information technology and communication plays a major role in providing all kinds of banking services. Now, this new institution is regarded as the most extensive banking network with opening up 400 branches and 14,500 ICT offices and gives the innovative banking services to the customers.

1001 to 5000 staff

Maskan Bank

Bank Maskan provides various banking products and services in Iran. The company offers rail services, such as investment and Qarz All-Hasaneh deposits; facilities, including facilities to foreigners, secured loans, and no deposit loans; and other services, such as letters of guarantee and safe deposit boxes. It also provides international banking services, including import letters of credit, export letters of credit, facilities to importers, facilities to exporters, letters of guarantee, foreign currency accounts, foreign currency payment orders, foreign currency exchange services, correspondent banking, and free trade zone activities. In addition, the company offers electronic banking services, such as corporate banking, cards, telephone banking, and other services. Bank Maskan was incorporated in 1979 and is based in Tehran, Iran with branch offices in Tehran and Mashhad.

10001+ staff

Parsian Bank

Parsian bank currently has 4,519 employees, 293 branches, 851 ATM machines and considerable diversified client base active in all economic sectors. Parsian bank duly enforces the customer due diligence and KYC regulatory requirements.Moreover in compliance with Basel committee standards, we have already established AML and compliance, Risk management and internal audit committees under direct supervision of the Board. Accordingly we are following AML rules and regulations in line with national AML law, Central bank regulations and international considerations like those of FATF.

1001 to 5000 staff

Ansar Bank

In the meeting of Money & Credit Council at Sep 22, 2009, Ansar Bank has been registered in Registration office for company and industrial properties according to the rules of non-governmental bank establishment and other related regulations under the registration number of 374528 dated May 29, 2010. Also banking operation license numbered 89/59204 has been issued by CBI at June 10, 2010. Also in 2009, Ansar Bank was recorded in Tehran Stock Exchange in financial intermediation group with the symbol of Vansar and in 2010, its shares was traded for the first time in the main panel of bourse. Also, in 2011, new Ansar Bank Articles of Association has ratified by the extraordinary General Assembly and has authorized to the Money and Credit Council.

5001 to 10000 staff

Central Bank Of The Islamic Republic Of Iran

Central Bank of the Islamic Republic of Iran is a Computer Software company located in Central Bank of the Islamic Republic of Iran Building, Tehran, Tehran, Iran, Islamic Republic of.

51 to 200 staff

Eghtesadnovin Bank

Always putting you first Established in 2001 following authorization from the Central Bank of the Islamic Republic of Iran (CBI), EN Bank (Bank Eghtesad Novin) is the Islamic Republic of Iran’s first private bank. A group of industrial, construction and investment companies launched the bank, with the aim of providing flexible financial services to the Iranian private sector. Since our launch, we have grown to offer a complete portfolio of retail and commercial banking solutions. Today, we serve private customers, small to medium-sized businesses and large corporations, thanks to our extensive national branch network.

1001 to 5000 staff

Pardakht Novin

Pardakht Novin was founded in March 2006 aiming at expanding the network of innovative electronic payment services. The company is currently active in the field of electronic payment as one of the companies licensed by the Central Bank and Shaparak Payment System. Endowed with extensive experience as well as knowledgeable and expert managers and officers as its most significant capital, the company has 200 employees in the administrative sector, 33 representatives, and more than 700 employees in the support sector all over the country. Based on the latest technology in the world, the company offers a wide range of electronic payment services in a secure framework. The following is a short list of services available-Installation, set-up, and administration of POS devices accepting all cards supported by Shetab network in both online and offline modes -Installation, setup, and administration of ATM devices -Installation, setup, and administration of self-service kiosks -Providing online payment services and payment through internet portal -Providing mobile payment services

201 to 500 staff

Saman Electronic Payment Sep

Saman Kish Electronic Payment Company started its activity in July 2003 aimed at presenting modern electronic payment solutions and by focusing on two areas of card services and creating an integrated card POS network. Our company received the principal agreement from Central Bank of the Islamic Republic of Iran in 2004 and its final activity license from the same bank on 28 Sept. Saman Electronic Payment Company started its activity in the area of internet payment in March 2004, and as the first provider of internet payment services, SEP provided its customers with e-payment systems. By employing specialized manpower, modern security technologies of the world, and using such other instruments like card, card reader, internet gateway and mobile, our company has been able to satisfy its customers and contractors by presenting quality and safe services and take a proper share of e-commerce wholesale and retail markets in our country. SEP is known as one of the leading companies in the area of designing and implementing Electronic government projects and provider of special solutions for large organizations and companies. The company’s activities are summarized as follows:*providing e-commerce services *providing internet payment solutions for micro and macro transactions *Installing and supporting POS card readers *providing payment software and hardware services to the banking networks, public organizations and banks *providing solution and execution of master plans for development of different types of electronic cards according to the customer’s needs *providing mobile payment services

1001 to 5000 staff

Faradis Alborz Co

Faradis Alborz Company is one of the major companies of the National Informatics Company, affiliated with the Central Bank of Iran. Founded in 2004, the company aimed to deliver modern banking services by leveraging expert knowledge, focusing initially on specialized banking hardware and software. Today, Faradis is a market leader, operating the largest sales and support network for its ATMs and cash deposit terminals, while manufacturing a wide range of banking hardware and communication equipment. It ranks highest in production, hardware support, software development, and consultancy, according to the Supreme Informatics Council of Iran. • Developing solar energy solutions and cellular infrastructure projects to enhance the sustainability and resilience of banking systems, in cooperation with banks. • Implementation of the Central Bank symbol project • Upgrading the operating system of supported ATMs to Windows 10 to increase security and stability • Implementation of the Farapay system in various cities in the country as an urban micro-payment project. • Supply and support of various IT and ICT equipment, including Servers, Modems, Tablets and Storage devices.

1001 to 5000 staff

Iran Kish Credit Card Co Kiccc

Iran Kish Credit Card Company started in 2003 with the mission of issuing and providing credit card services to Iranian banks. Since 2005, the company has been responsible for creating and supporting a network of sales terminals and other payment tools for banks and issuing various types of credit cards with the aim of expanding its activities in providing electronic payment services to the banking system, insurance industry and financial markets. In September 2006, The Central Bank of Iran, approved the company's qualifications and activities and granted the company a license to provide electronic payment services (PSP).

1001 to 5000 staff

Middle East Bank Mebank

MEB operates primarily as a wholesale bank with a limited number of branches, offering its services to a select group of businesses and private clients. Accordingly, the bank relies on having an internal organizational structure and delivery channels that are well suited for offering its services with minimal reliance on the branch-system and its geographical coverage. MEB provides a comprehensive range of banking and financial products and services that are tailor-made to the needs of various business sectors and private banking clients. With the commencement of its operations, MEB shall pioneer a new standard in the quality of services available in the country, building on the finest international standards in the industry. In the aim for distinction, MEB shall continually improve the productivity of its employees and therefore the profitability of its clients and shareholders.

501 to 1000 staff

Day Bank

10001+ staff

Irannara

Iran Nara, is the largest banking & office equipment distributor in private sector in Iran. The Head Office and After Sales Service Departments are located in fully owned buildings in the business center of Tehran. We have individual Sales Departments for different product ranges and each department has its own Sales Manager and Staff who are in constant contact with both prospects and customers to assist them with their requirements. Each department also has an individual fully equipped workshop with highly skilled engineers and technicians who are constantly taking part in training courses held by our principals abroad to develop a better understanding of the new machines which at the same time gives them the ability to offer a perfect technical service to local customers and end users.

501 to 1000 staff

Navaco Information Technology Co

Navaco Company was established in 1976 with the purpose of providing digital solutions and developing progressive banking and payment products in line with Maskan Bank's digital development strategies and with the responsibility of creating value for customers through designing and innovating new services. Navaco is constantly expanding its products and offering solutions in specific areas of bank technology and financial-commercial services, which are explained below: • Comprehensive centralized banking systems • Bank automation tools and devices • Payment solutions and platforms • Online road toll payment systems; • Advanced banking data center infrastructure; • Cybersecurity solutions; • Information technology service management; • Risk management solutions; • Enterprise software applications • Support for startups and knowledge-based companies in the field of providing financial and technological services • Navaco has more than 600 employees and 37 provincial branches across Iran, under direct supervision, and manages several large-scale projects for Maskan Bank and other clients at the national level.

501 to 1000 staff

Blu Bank

ḃuilding the neobank of choice

201 to 500 staff

Karafarin Bank

The formation of Karafarin Bank was mainly the outcome of an economic collaboration between participating parties from the Iranian Association of Industry Managers, the Association of Construction Companies, the Association of Utility and Equipment Companies, the Iranian Society of Consulting Engineers, the Society of Consulting Architects and Urban Planning Engineers, a select group of prominent Iranian banking experts and the general public. The Bank was originally established as a non-bank credit institution with a fully paid-in capital of IRR30 billion. It was registered on 9 December under registration number 157915 at the Tehran Companies’ Registry Office as Karafarinan Non-Bank Credit Institution. The Bank operated as a general credit institution and its activities were subject to the Credit Institutions’ Activities Regulation. Following the enactment of the Non-State Bank Establishment Act on 10 April and the implementation of its relevant requirements, in light of the clear advantages of banking activities to those of credit institutions, the Board of Directors carried out necessary actions and laid the foundations needed for a restructuring. Hence, based on an operating license issued on 5 December 2001 by the Central Bank of Iran, Karafarin Bank was officially established on 26 December 2001 with a fully paid-in capital of IRR200 billion as a commercial bank that engages in all segments of banking activities. Tel +982123350 Email info@karafarinbank.ir

1001 to 5000 staff

Kashef Banking Security Governance

The Structure for Controlling the Security of the Banking Network & the Urgencies "KASHEF" was established by the Central Bank of Iran (Islamic Republic of) to preserve and promote the resilience and security of the payment system and the electronic banking and yet to effectively and efficiently manage the security threats to the country’s banking system and its establishment was certified in the 151st meeting held at the Money & Credit Council in 10-27-2012 (Month Azar the 7th 1391 on Persian Solar Calendar Table) as a supervising structure being bound to take, manage and govern any/all kinds of measurements related to the security of information and communications there-in the field of producing and exchange of the banking information through determining and formulating the objectives, policies, strategies, requirements and to supervise the clever executing of each. Still another mission of the company is the management of the security incidents throughout the banking cyber atmosphere by means of collecting information and has it shared and to co-ordinate the banks together when incidents happen to take place and the cyber crises reveal. Therefore, the banks are to report all security incidents in the domain of the electronic banking of the banks’, their attached companies and the contractors’ organizations immediately when they’re recognized or informed from other sources about any such incidents and in their report, they must name the exact domain which was effected by the incident. To this end, the banks and the monetary institutes are demanded to provide the necessary technical and operational bases in order to communicate with "KASHEF" and obeying the instructions and statements issued at this company is mandatory to all banks and monetary institutes.

51 to 200 staff

Melal Credit Institution Melal Bank

The Melal Credit Institution (Melal Bank) is one of the private financial and credit institutions in Iran, which has license from the Central Bank of Iran.

5001 to 10000 staff

Baam Digital Banking Platform

Baam is the smart digital banking platform of Bank Melli Iran, providing everyone with smart banking solutions and services, as fast, safe and easy as possible. Baam revolves around innovation, and focuses on you - what you need and what you want.

51 to 200 staff

Thunder Light Company

Thunder Light Co. which has been established in 1991 is the subsidiary IT Company of Saman Bank, currently providing banking and Payment Hardware and Software solutions and services to the bank and other Payment Service Providers. During more than two decades of its activities, the Company has achieved a stable position in providing the most applicable software needed in the banks, especially smart cards and switches. Besides providing software, it has entered to hardware market, support systems and data centers proficiently since 2013. The Thunder Light Company is one of the sub-companies of Financial Group of Saman which is a prominent organization in banking system of Islamic Republic of Iran. Recently the Company has put its focus on the following activities in order to achieve the target which is being a leading company in providing banking services and equipment all around the country. The main activities of company include importing, distributing, supporting and repairing the Point-Of-Sale machines, ATM, CRS and CDM machines and Network equipments. Regarding the target of company, we were granted two major distributorships by both Foxconn and AdTek Companies in less than 6 months which shows our stability and progress in the market. We will welcome those companies interested in initiating mutual cooperation in related fields. As a software company we are a member of following institutions which proves our authenticity in Iran market: 1- High Council of Informatics 2- Iranian Society of Instrumentation and Control Engineers 3- Iranian Association of Industrial Automation Companies We believe in our goals and put the following items as our main manifesto in the company, so obeying this manifesto would help us hit the target in a short period of time. 1- Customer satisfaction 2- Providing the best services promptly besides affordable expenses 3- Giving technical advice before executing projects 4- Providing Guarantees for the services

51 to 200 staff