sayeh Competitors

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 40000 bn and is one of the largest commercial banks in the Islamic Republic of Iran, ranking among the top 1000 banks of the world.

Bank Pasargad also known as BPI, is a major Iranian banking establishment offering retail, commercial and investment banking services. The bank was established in 2005 and operates throughout the nation with 4685 employees and 330 branches with a capital of 50,400,000 (Million IRR) in fiscal year 2014/2015. BPI is listed under the Tehran Stock Exchange in 2011. In 2014, The Banker magazine rated Bank Pasargad as among the world's top 1000 banks , ranking 233rd overall.The Bank is also on The Banker's list of the top 100 Islamic financial institutions and world's top 500 banking brands.

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