# Bank Mellat

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

Specifications:
- [Mellat — official](https://bankmellat.ir/)

## Key details

- **Parent:** assets

## Overview

**Bank Mellat** is **Iranian commercial bank** + **Iranian government Ministry of Economic Affairs and Finance + Iranian Social Security Organisation + Justice Shares Plan ~70%+ aggregate ownership** + **one of Iran's largest commercial banks by assets** + **founded Sep 24 1980 in Tehran Iran via consolidation of 10 pre-Revolution Iranian commercial banks** <sup>[1][1], [Iran, Islamic Republic of report](https://docs.barcoder.ai/docs/payments/IR)</sup>.

## History

**Sep 24 1980 — Bank Mellat founded in Tehran Iran via consolidation of 10 pre-Revolution Iranian commercial banks post-Iranian Revolution banking nationalisation** distinctive Iranian banking heritage as post-Revolutionary consolidated commercial bank.

**2009 — Bank Mellat TSE listing as part of Iranian Justice Shares Plan partial privatisation**.

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

## Ownership & operator

**Operating entity**: **Bank Mellat** (Iranian commercial bank).

**Major shareholders**: **Iranian government Ministry of Economic Affairs and Finance + Iranian Social Security Organisation + Justice Shares Plan ~70%+ aggregate ownership + Iranian retail + institutional investors free float**.

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

## Technical integration

Bank Mellat Mobile app (Android primary; iOS limited due to US sanctions on Apple App Store distribution in Iran) + bankmellat.ir online + Bank Mellat branch network across Iran + Armenia + South Korea + Turkey international branches + Mellat 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; Iranian state-owned commercial bank; Iran's largest commercial bank by assets + branches) + [Bank Saderat Iran](https://docs.barcoder.ai/docs/wallets/saderat-iran) (Bank Saderat Iran BSI; Iranian commercial bank) + [Bank Tejarat](https://docs.barcoder.ai/docs/wallets/tejarat-iran) (Bank Tejarat; Iranian state-owned commercial bank) + [Parsian Bank](https://docs.barcoder.ai/docs/wallets/parsian-iran) (Parsian Bank; Iranian private commercial bank) + [Bank Pasargad](https://docs.barcoder.ai/docs/wallets/pasargad-iran) (Bank Pasargad; Iranian private commercial bank).

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

## Status

**Active, Iranian commercial bank + Iranian government Ministry of Economic Affairs and Finance + Iranian Social Security Organisation + Justice Shares Plan ~70%+ aggregate ownership + one of Iran's largest commercial banks by assets + founded Sep 24 1980 in Tehran Iran via consolidation of 10 pre-Revolution Iranian commercial banks** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://bankmellat.ir/ "Mellat — official"
[2]: https://en.wikipedia.org/wiki/Bank_Mellat "Mellat — Wikipedia"
[ir-cro]: https://docs.barcoder.ai/docs/payments/IR

- [1] [Mellat — official][1]
- [2] [Mellat — 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 [mellat-iran.md](https://docs.barcoder.ai/source/wallets/mellat-iran). See `matrix.md` for standards-support matrix if present.