Saman Bank

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

Saman Bank
TypePublic
Farabourse: سامان
ISIN: IRO7BSAP0001
IndustryBanking, Financial services
Founded2002 (2002)
HeadquartersTehran, Iran
Number of locations
153 branches (Iran)
Area served
Worldwide
Key people
Ahmad Mojtahed
(Chairman)
ProductsConsumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, wealth management, credit cards,
Number of employees
2,425 (2018)
Websitesb24.ir

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 and managed to achieve in its first year of activity a 5% return on equity. 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).

As of May 2018, the bank had 174 branches in Iran (81 branches in Tehran and 68 branches in other cities).[2]

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

Achievements
  • Saman Bank’s campaign of “There is water, yet very little!” won Sarv-e Zarbin award for the best commercial graphic design in the Fourth Sarv-e Noghrei Biennial.

Sponsorship
Saman Bank sponsoring Iran men's national volleyball team in 2014.

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

See also

References
  1. "سامان--". irfarabourse.com.
  2. "Saman Bank Branches". sb24.ir.
  3. "صفحه مورد نظر يافت نشد". sb24.ir.
  4. "404 Not Found" (PDF). ecdcconference.com.
  5. "بانک سامان حامی تیم های ملی والیبال شد". iranvolleyball.com. Archived from the original on 2013-04-23. Retrieved 2013-05-14.


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