Bank Saderat Iran

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Overview

Bank Saderat Iran (BSI) is Iranian commercial bank + Iranian government Ministry of Economic Affairs and Finance + Iranian Social Security Organisation + Justice Shares Plan ~80%+ aggregate ownership + one of Iran's largest commercial banks by assets + branches + founded Sep 5 1952 in Tehran Iran ^{1, Iran, Islamic Republic of report}.

History

Sep 5 1952 — Bank Saderat Iran BSI founded in Tehran Iran as Iranian export commercial bank distinctive Iranian banking heritage.

1979 — Bank Saderat Iran nationalised post-Iranian Revolution under Islamic Republic of Iran banking nationalisation.

2009 — Bank Saderat Iran TSE listing as part of Iranian Justice Shares Plan partial privatisation.

2014 — BSI Mobile banking app launch.

Ownership & operator

Operating entity: Bank Saderat Iran BSI (Iranian commercial bank).

Major shareholders: Iranian government Ministry of Economic Affairs and Finance + Iranian Social Security Organisation + Justice Shares Plan ~80%+ aggregate ownership + Iranian retail + institutional investors free float.

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

Technical integration

BSI Mobile app (Android primary; iOS limited due to US sanctions on Apple App Store distribution in Iran) + bsi.ir online + Bank Saderat Iran branch network across Iran + Iraq + UAE + Oman + UK + France + Germany + Egypt + Bahrain + Lebanon + Qatar international branches + BSI 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 (Bank Melli Iran BMI; Iranian state-owned commercial bank; Iran's largest commercial bank by assets + branches) + Bank Mellat (Bank Mellat; Iranian state-owned commercial bank) + Bank Tejarat (Bank Tejarat; Iranian state-owned commercial bank) + Parsian Bank (Parsian Bank; Iranian private commercial bank) + Bank Pasargad (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 ~80%+ aggregate ownership + one of Iran's largest commercial banks by assets + branches + founded Sep 5 1952 in Tehran Iran ^{1, 2}.

Sources

1 BSI — official
2 BSI — Wikipedia
^{Iran, Islamic Republic of report} In-corpus: reports/countries/IR-iran.md

Source

Biography extracted from saderat-iran.md. See matrix.md for standards-support matrix if present.