Post Bank of Iran (Persian: پست بانک ایران, Pest Bank Iran) is an Iranian bank.
Company type | Government owned |
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TSE: BPST1 ISIN: IRO1BPST0007 | |
Industry | Financial services |
Founded | 1996 |
Headquarters | Tehran, Iran |
Key people | Behzad Shiri (CEO)[1] |
Products | Banking |
Website | www.postbank.ir |
Post Bank of Iran was formally established in 1996. It is the eleventh state owned bank in Iran.[2]
On 6 September 2013, the European General Court in Luxembourg ruled to annul the European Union (EU) sanctions in place since 2010 against the bank on grounds of supporting the Iranian nuclear and missile programs, as EU governments had not proved the accusations against the bank.[3][4] As of 2016, the EU asset freeze was still in effect.[5]