Jump to content

Middle East Bank

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Trustbanker (talk | contribs) at 16:07, 27 September 2018 (External links). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Middle East bank
Company typePrivate company
IndustryBanking
FoundedNovember 1, 2012 (2012 -11-01)
Headquarters,
Key people
Parviz Aghili Kermani (CEO)
Websiteen.middleeastbank.ir

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 considered a private bank which is owned by small private shareholders. They focus on the humanitarian trade with Iran.[4][5]

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.[6][7]

Middle East Bank
Middle East Bank banking hall

See also

References

  1. ^ 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)
  2. ^ "Company Overview of Middle East Bank Co".
  3. ^ "Capital Increase for Middle East Bank". Financial Tribune. 2017-12-29. Retrieved 2018-07-07.
  4. ^ a b Saul, Jonathan. "Iranian banking newcomer struggles as fear of sanctions hits..." U.S. Retrieved 2018-09-23.
  5. ^ Bozorgmehr, Najmeh (7 May 2013). "Obstacles fail to deter financier from opening private Iran bank". Financial Times. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  6. ^ "Iran banks to set up shop in Germany". Retrieved 2018-09-23.
  7. ^ "Middle East Bank und Sina Bank: Iranische Banken wollen Filialen in München eröffnen" (in German). Retrieved 2018-09-23.