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Post Bank of Iran

Post Bank of Iran (, Post Bank Iran) is an Iranian bank.

History

Post Bank of Iran was formally established in 1996. It is the eleventh state owned bank in Iran.[2]

In 2024, IRLeaks launched a cyberattack on Iran's banking sector, affecting 20 of the country's 29 banks, including the Post Bank of Iran and the Central Bank of Iran. Politico referred to it as the "worst attack" in Iran's history.[3]

International issues

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.[4][5] As of 2016, the EU asset freeze was still in effect.[6]

See also

External links

References

  1. پست بانک ایران: About Postbank > Members of Board retrieved 2011-03-03^
  2. پست بانک ایران: About Postbank > History retrieved 2011-03-03^
  3. Iran pays millions in ransom to end massive cyberattack on banks, officials say POLITICO, 2024-09-04, retrieved 2024-09-09^
  4. James Kanter. E.U. Wrongly Imposed Sanctions on 7 Iranian Companies, Court Rules New York Times, 6 September 2013, retrieved 6 September 2013^
  5. The General Court annuls the acts of the Council freezing the funds of seven companies and one person in connection with the restrictive measures taken against Iran with the aim of preventing nuclear proliferation General Court of the European Union, 6 September 2013, retrieved 6 September 2013^
  6. European Union and United Kingdom Sanctions Update: March 2016 K&L Gates, 17 March 2016, retrieved 21 May 2016^