Ghavamin Bank

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Ghavamin Bank
TypePublic
Farabourse: وقوام
ISIN: IRO7GHMP0001
IndustryFinancial services
Founded2012
HeadquartersGhavamin Tower, Tehran, Iran
Key people
Ali Abdali, CEO
ProductsRetail banking, insurance, loans
Revenue$1.6 billion (FY 2012)
Number of employees
4,300[citation needed]
Websitewww.ghbi.ir

Ghavamin Bank (Persian: بانک قوامین), Bank Qavâmin, is an Iranian financial and credit institution established in 2000.[1] Ghavamin Bank is the first bank in the country with the aim of helping to enhance the living quality and financial support of working staff of Iran police forces.

History[]

Ghavanim started as a charity loan fund then in July 2000 was restructured as a financial institute and renamed the Ghavamin Saving and Charity Loan Institute. Its range of activities to the public was expanded to police personnel.[2]

In 2004, following its successful and well managed risk to overtake the bankrupted Al-TAHA financial institute' debts and controlling the charity loan financial crisis in the Province of Isfahan, the Central Bank of Iran agreed to promote it to Bank in an step-by-step restructure.

Finally, in June 2012 Ghavanim was licensed as public bank. In FY 2012-2013, Ghavamin Bank, with revenues of over 1.6 billion US$ dollars, ranks among the twenty-four companies and the seventh largest bank in Iran.[3] While established in Tehran, the institution operates throughout the country with over 880 branches.

Awards[]

In 2012, Ghavamin Bank has been awarded the EU banking management award.[4]

In 2012, awarded ISO 10004.[5]

See also[]

  • Banking in Iran

References[]

  1. ^ "Ghavamin Bank". Central Bank of the Islamic Republic of Iran. Retrieved 3 September 2021.
  2. ^ http://www.ghbi.ir/28. Missing or empty |title= (help)[permanent dead link]
  3. ^ "IMI100 - رتبه بندی صد شرکت برتر اول" (in Persian). Archived from the original on 2014-09-24. Retrieved 2014-08-05.
  4. ^ http://www.ghbi.ir/fa/about-bank/ghavamin-reports/honor/. Missing or empty |title= (help)[permanent dead link]
  5. ^ http://www.ghbi.ir/fa/about-bank/ghavamin-reports/honor/. Missing or empty |title= (help)[permanent dead link]

External links[]

Official website

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