Sarmayeh Bank is an Iranian bank founded in 2005 as part of the government's privatization of the banking system.[1]
Sarmayeh Bank is listed in Farabourse. In 2006, Sarmayeh Bank had an initial equity capital of $365.150 million.[2] In 2024, the bank was targeted as part of a cyberattack by IRLeaks on the Iranian banking sector. The cyberattack was described as the "worst attack" in Iranian history by Politico.[3]
Operations
The bank operates a total of 153 branches. In 2008, the bank established several branches overseas in the Netherlands, United Arab Emirates and Tajikistan.[4]