Sarmayeh Bank

Sarmayeh Bank
Company type	Public
Traded as	Farabourse: سمایه; ISIN: IRO3IBKZ0001
Industry	Financial services
Founded	2005
Headquarters	Tehran, Iran
Key people	Farajollah Ghadami ; (CEO)
Products	Retail banking; Transaction accounts; Insurance; stock brokerage; Investment bank; Asset-based lending; Consumer finance; Trade; International payments; Foreign exchange
Net income	468 Billion IRR (2008)
Total assets	12.04 Trillion IRR (2008)
Website	sbank.ir

Sarmayeh Bank is a major Iranian banking establishment 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]

Sarmayeh Bank is listed in Farabourse. In 2006, Sarmayeh Bank had an initial equity capital of $365.150 million.^[2]

Operations edit

The bank currently operated throughout the country, housing a total of 153 branches. In 2008, the Bank established several branches overseas in the Netherlands, United Arab Emirates and Tajikistan.^[3]

Sarmayeh Bank operates as a private bank in Iran; In addition to offering short and fixed deposit accounts for domestic and overseas clients, The bank also provides financial advisory, letters of credit, treasury, currency exchange, corporate loans syndication, and electronic banking services.^[4]

Shareholders edit

Sarmayeh Bank is currently the largest shareholder of the Bank.^[5] However, the bank currently has over 300,000 other shareholders.^[6]

Corporate governance edit

Alireza Heydarabadi Pour - President and CEO 2015–present

Current members of the board of directors include: Mohammadreza Khani, Bahman Khadem and Mohammad Zarepour Ashkzari.^[7]

References edit

^ http://en.sbank.ir/content/view/56/
^ "Sarmaye Bank - Home". en.sbank.ir. Archived from the original on 2008-06-12.
^ "Error".
^ "Stocks". Archived from the original on October 5, 2012.
^ "Error".
^ "Sarmaye Bank - Home". en.sbank.ir. Archived from the original on 2008-06-12.
^ http://en.sbank.ir/content/view/59/

External links edit

Official website

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[1] ttp://en.sbank.ir/content/view/56/

[2] "Sarmaye Bank - Home". en.sbank.ir. Archived from the original on 2008-06-12.

[3] "Error".

[4] "Stocks". Archived from the original on October 5, 2012.

[5] "Error".

[6] "Sarmaye Bank - Home". en.sbank.ir. Archived from the original on 2008-06-12.

[7] ttp://en.sbank.ir/content/view/59/

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