Bank Sepah
Bank Sepah (Persian: بانک سپه, Bānke Sepah), the first Iranian bank, was established in 1925 (corresponding to 1304 in the Iranian Calendar). Its first branch, in Tehran, opened that year. The bank also has branches in Frankfurt, Paris and Rome as well as a subsidiary, Bank Sepah International plc, in London. Sepah Bank has recently merged 4 other Iranian banks and 1 Credit Institution named: Ansar Bank, Mehr Eghtesad Bank, Hekmat Iranian Bank, Ghavamin Bank and Kosar Credit Institution.
Bank Sepah Headquarters in Tehran, Iran | |
| Company type | Government-owned corporation |
|---|---|
| Industry | Banking, Financial services |
| Founded | 1925 |
| Founder | Iranian Army Pension Fund |
| Headquarters | Negin Sepah Building, Nowrouz Street, Africa Highway, Argentina Square, Tehran, Iran, Tehran , Iran |
Area served | Worldwide |
Key people | Ayatollah Ebrahimi (CEO) |
| Services | Credit cards, consumer banking, corporate banking, mortgage loans |
| Revenue | 37,153,487 IRR (2014)* |
| 20,701,827 IRR (2014)* | |
Net income | 490,892 IRR (2014)* |
| Total assets | 500,319,226 IRR (2014)* |
| Total equity | 72,427,585 IRR (2014)* |
Number of employees | 18,277 |
| Subsidiaries | Bank Sepah International plc |
| Website | www.banksepah.ir |
| Footnotes / references * Amounts in IRR million | |
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