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Company type | Public |
---|---|
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 |
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] In 2024, the bank was targeted as part of a cyberattack by IRLeaks on the Iranian banking sector. The cyberattack was described as the "worst attack" in Iranian history by Politico.[3]