Saman Bank Explained

Saman Bank
Type:Public
Traded As:Farabourse

سامان
ISIN: IRO7BSAP0001

Key People:Alireza Marefat
Industry:Banking, Financial services
Products:Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, wealth management, credit cards,
Locations:153 branches (Iran)
Location:Tehran, Iran
Area Served:Iran
Num Employees:2,425 (2018)

Saman Bank (Persian: بانک سامان, Bank Saman) is a privately owned Iranian bank. It is listed on the Tehran Stock Exchange.[1]

History

This bank started its activities as Credit Institution in September 1999. Subsequently, in August 2002, it received a full banking license and changed its name to Saman Bank. Saman Eqtesad Credit Corporation was established on September 23, 1999 with a share capital of 11 bln Iranian Rials (US$1.4m).It opened its first branch on November 22, 1999. In 2002, Saman was the third private financial institution in post-revolutionary Iran to receive a banking license. In this context, the share capital increased to Rials 220 bln (US$26 mln).

In March 2007, Saman Bank had a paid-sup share capital of Rials 900 bln (US$97 mln). It operated 149 branches across Iran.[2]

As of May 2018, the bank had 174 branches in Iran (81 branches in Tehran and 68 branches in other cities).[3]

Saman Bank also launched the first internet banking service in Iran, and has since been at the forefront of expansion and enhancement of electronic banking.[4]

Saman Financial Group

In addition to Saman Bank, the Saman Financial Group includes a further eight subsidiary companies that it has launched or acquired a substantial stake in during 2003–2012.

Sponsorship

Saman Bank was a 2013-2016 sponsor of Iran Volleyball Teams & Federation.[5]

See also

External links

Notes and References

  1. Web site: سامان--. irfarabourse.com. fa.
  2. Web site: صفحه مورد نظر يافت نشد. banksaman.ir.
  3. Web site: Saman Bank Branches. banksaman.ir.
  4. Web site: 404 Not Found. ecdcconference.com.
  5. Web site: بانک سامان حامی تیم های ملی والیبال شد. iranvolleyball.com. 2013-05-14. https://web.archive.org/web/20130423033352/http://iranvolleyball.com/content/content.aspx?pagecode=27167. 2013-04-23. dead.