Iranians' Bank Explained

Iranians' Bank, also called Bank Iranian, was an Iranian public private bank based in Tehran. It was established in 1960 and disbanded after the 1979 revolution. Citibank International's First National City Bank had bought 35 percent of the shares around $1 million; later their share was reduced to 5%.^{[1] [2]} The bank had four general offices and seven branches in principal Iranian cities.^{[3] [4]} It was headed by Ebtehaj Sanee (considered the father of modern Iranian budget program) and Azar Sanee, his wife and the first Iranian woman banker. All the branches were ordered to have picture of Shah by Ebtehaj.^{[5] [6] [7]}

In 1979, Iranians' Bank was nationalized and merged into Tejarat.^{[8] [9] [10] [11]}

Notes and References

1. Book: Bostock . Frances . Planning and Power in Iran: Ebtehaj and Economic Development under the Shah . Jones . Geoffrey . 2014-02-04 . Routledge . 978-1-135-17990-8 . en.
2. Book: Middle East Economic Survey . 1978 . en.
3. Book: States, United States Export-import bank of United . CFF Cooperating Institutions, August 1974 . 1974 . en.
4. Book: Affairs, United States Congress Senate Committee on Banking, Housing, and Urban . Financial Disclosure by Banks and Bank Holding Companies: Hearings Before the Committee on Banking, Housing and Urban Affairs, United States Senate, Ninety-fourth Congress, First Session ... July 11 and 16, 1975 . 1975 . U.S. Government Printing Office . 978-88-548-8385-7 . en.
5. Web site: اولین زوج بانکدار ایرانی. August 21, 2015. هفته نامه تجارت فردا. November 18, 2023. November 18, 2023. https://web.archive.org/web/20231118183543/https://www.tejaratefarda.com/%D8%A8%D8%AE%D8%B4-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-35/17447-%D8%A7%D9%88%D9%84%DB%8C%D9%86-%D8%B2%D9%88%D8%AC-%D8%A8%D8%A7%D9%86%DA%A9%D8%AF%D8%A7%D8%B1-%D8%A7%DB%8C%D8%B1%D8%A7%D9%86%DB%8C. live.
6. Web site: Archived copy . 2023-11-18 . 2023-06-01 . https://web.archive.org/web/20230601084807/https://way2pay.ir/159029/ . live .
7. Web site: Archived copy . 2023-11-18 . 2022-04-24 . https://web.archive.org/web/20220424162505/https://way2pay.ir/84348/ . live .
8. Book: Lauterpacht . E. . International Law Reports . Greenwood . C. J. . 1987 . Cambridge University Press . 978-0-521-46417-8 . en.
9. Book: Commerce, United States Bureau of International . A Market for U.S. Products . 1962 . U.S. Government Printing Office . en.
10. Book: Foreign Commerce Weekly . 1970 . U.S. Department of Commerce . en.
11. Book: Smith, Harvey Henry . Area Handbook for Iran . 1971 . U.S. Government Printing Office . en.