Middle East Bank
.jpg) Bank Headquarters | |
| Company type | Private company |
|---|---|
| Industry | Banking |
| Founded | November 1, 2012 |
| Headquarters | , |
Key people | Parviz Aghili Kermani (CEO) |
| Website | en |
Middle East Bank (MEB; Persian: بانک خاورمیانه, lit. 'banke khavarmiyane') is an Iranian bank headquartered in Tehran. The bank was founded in 2012 by Parviz Aghili Kermani.[1][2][3]
MEB is owned by small private shareholders. They focus on the humanitarian trade with Iran.[4][5]
Middle East bank is one of the few Iranian banks that is not included in U.S secondary sanctions' list therefore all non_American banks & private companies and corporations can build and have financial relations with this bank.[6]
History
Founded on 1 November 2012, the bank began operations in January 2013 and by May, 3 branches had been established with 1.4tn rials in deposits. In August 2014 they became subject to US sanctions as part of the wider sanctions against Iran.[4]
In 2016 they opened their first branch in Germany.[7][8]
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See also
References
- ^ Editorial, Reuters. "Iran's Middle East Bank says global banking snags starting to ease". U.S. Retrieved 2018-07-07.
{{cite news}}:|first=has generic name (help) - ^ "Company Overview of Middle East Bank Co".
- ^ "Capital Increase for Middle East Bank". Financial Tribune. 2017-12-29. Retrieved 2018-07-07.
- ^ a b Saul, Jonathan. "Iranian banking newcomer struggles as fear of sanctions hits..." U.S. Retrieved 2018-09-23.
- ^ Bozorgmehr, Najmeh (7 May 2013). "Obstacles fail to deter financier from opening private Iran bank". Financial Times.
- ^ "4 Iranian banks removed from US sanctions list". ISNA. 2018-11-11. Retrieved 2018-11-17.
- ^ "Iran banks to set up shop in Germany". Retrieved 2018-09-23.
- ^ "Middle East Bank und Sina Bank: Iranische Banken wollen Filialen in München eröffnen" (in German). Retrieved 2018-09-23.
External links
- Official website (Persian)
- Official website (English)
- State owned banks of Iran