# Eghtesad Novin Bank (EN Bank)

> Source: https://docs.barcoder.ai/docs/wallets/eqtesad-novin-iran
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [EN Bank — official](https://enbank.ir/)

## Key details

- **Parent:** assets

## Overview

**Eghtesad Novin Bank (EN Bank)** is **Iranian private commercial bank** + **Iranian retail + institutional investors free float via Tehran Stock Exchange TSE** + **one of Iran's largest private commercial banks by assets** + **founded Aug 27 2001 in Tehran Iran as Iran's first post-Revolution private commercial bank** <sup>[1][1], [Iran, Islamic Republic of report](https://docs.barcoder.ai/docs/payments/IR)</sup>.

## History

**Aug 27 2001 — Eghtesad Novin Bank EN Bank founded in Tehran Iran as Iran's first post-Revolution private commercial bank under Khatami-era Iranian banking liberalisation** distinctive Iranian private banking heritage as Iran's pioneer private commercial bank.

**2014 — EN Bank Mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Eghtesad Novin Bank EN Bank** (Iranian private commercial bank).

**Major shareholders**: **Iranian retail + institutional investors free float via Tehran Stock Exchange TSE**.

**Regulators**: **Central Bank of Iran CBI Bank Markazi Jomhouri Islami Iran**.

## Technical integration

EN Bank Mobile app (Android primary; iOS limited due to US sanctions on Apple App Store distribution in Iran) + enbank.ir online + EN Bank branch network across Iran + EN Bank Shetab cards (Iranian national card scheme); Shetab Iranian national interbank payment processing system + Shaparak QR Iranian national QR payment scheme + Iranian Rial IRR domestic transfers.

## Implementations & partners

**Major Iranian banking + payments competitors**: [Bank Melli Iran](https://docs.barcoder.ai/docs/wallets/melli-iran) (Bank Melli Iran BMI) + [Bank Saderat Iran](https://docs.barcoder.ai/docs/wallets/saderat-iran) (Bank Saderat Iran BSI) + [Bank Mellat](https://docs.barcoder.ai/docs/wallets/mellat-iran) (Bank Mellat) + [Bank Tejarat](https://docs.barcoder.ai/docs/wallets/tejarat-iran) (Bank Tejarat) + [Parsian Bank](https://docs.barcoder.ai/docs/wallets/parsian-iran) (Parsian Bank) + [Bank Pasargad](https://docs.barcoder.ai/docs/wallets/pasargad-iran) (Bank Pasargad) + [Karafarin Bank](https://docs.barcoder.ai/docs/wallets/karafarin-iran) (Karafarin Bank) + [Saman Bank](https://docs.barcoder.ai/docs/wallets/saman-bank-iran) (Saman Bank).

**Regulators**: Central Bank of Iran CBI Bank Markazi Jomhouri Islami Iran.

## Status

**Active, Iranian private commercial bank + Iranian retail + institutional investors free float via Tehran Stock Exchange TSE + one of Iran's largest private commercial banks by assets + founded Aug 27 2001 in Tehran Iran as Iran's first post-Revolution private commercial bank** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://enbank.ir/ "EN Bank — official"
[2]: https://en.wikipedia.org/wiki/Eghtesad_Novin_Bank "EN Bank — Wikipedia"
[ir-cro]: https://docs.barcoder.ai/docs/payments/IR

- [1] [EN Bank — official][1]
- [2] [EN Bank — Wikipedia][2]
- <sup>[Iran, Islamic Republic of report](https://docs.barcoder.ai/docs/payments/IR)</sup> In-corpus: `reports/countries/IR-iran.md`

## Source

Biography extracted from [eqtesad-novin-iran.md](https://docs.barcoder.ai/source/wallets/eqtesad-novin-iran). See `matrix.md` for standards-support matrix if present.