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Sepah Bank
Bank Sepah ( fa, بانک سپه, ''Bānke Sepah''), the first Iranian bank, was established in 1925 (corresponding to 1304 in the Iranian Calendar). Its first branch, in Tehran, opened that year. The bank also has branches in Frankfurt, Paris and Rome as well as a subsidiary, Bank Sepah International plc, in London. Sepah Bank has recently merged 4 other Iranian banks and 1 Credit Institution named: ''Ansar Bank, Mehr Eghtesad Bank, Hekmat Iranian Bank, Ghavamin Bank and Kosar Credit Institution''. History Bank Sepah was officially founded on May 4, 1925, with its first branch in Sepah st. in Tehran. Initially, an investment of 3,883,950 Iranian Rials was made from the military ranked personnel pension fund and the bank was set to exclusively provide military personnel with financial aids such as loans. With further increase in their domain of services, the headquarters for the bank was moved to a larger building in Homayoon st. Starting on March 15, 1926, with opening ...
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Tehran
Tehran (; fa, تهران ) is the largest city in Tehran Province and the Capital city, capital of Iran. With a population of around 9 million in the city and around 16 million in the larger metropolitan area of Greater Tehran, Tehran is the List of largest cities of Iran, most populous city in Iran and Western Asia, and has the Largest metropolitan areas of the Middle East, second-largest metropolitan area in the Middle East, after Cairo. It is ranked 24th in the world by metropolitan area population. In the Classical antiquity, Classical era, part of the territory of present-day Tehran was occupied by Ray, Iran, Rhages, a prominent Medes, Median city destroyed in the medieval Muslim conquest of Persia, Arab, Oghuz Turks, Turkic, and Mongol conquest of Khwarezmia, Mongol invasions. Modern Ray is an urban area absorbed into the metropolitan area of Greater Tehran. Tehran was first chosen as the capital of Iran by Agha Mohammad Khan Qajar, Agha Mohammad Khan of the Qajar dyn ...
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Ghavamin Bank
Ghavamin Bank ( Persian: بانک قوامین), ''Bank Qavâmin'', was an Iranian financial and credit institution established in 2000. 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. It was dissolved after Iranian central bank merged 7 Iranian Armed Forces banks into Bank Sepah. 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. 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 2 ...
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Banking And Insurance In Iran
Following the Iranian Revolution, Iran's banking system was transformed to be run on an Islamic interest-free basis. As of 2010 there were seven large government-run commercial banks. As of March 2014, Iran's banking assets made up over a third of the estimated total of Islamic banking assets globally. They totaled 17,344 trillion rials, or US$523 billion at the free market exchange rate, using central bank data, according to Reuters. Since 2001 the Iranian Government has moved toward liberalising the banking sector, although progress has been slow. In 1994 Bank Markazi (the central bank) authorised the creation of private credit institutions, and in 1998 authorised foreign banks (many of whom had already established representative offices in Tehran) to offer full banking services in Iran's free-trade zones. The central bank sought to follow this with the recapitalisation and partial privatisation of the existing commercial banks, seeking to liberalise the sector and encour ...
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Joint Comprehensive Plan Of Action
The Joint Comprehensive Plan of Action (JCPOA; fa, برنامه جامع اقدام مشترک , barnāmeye jāme'e eqdāme moshtarak (, ''BARJAM'')), commonly known as the Iran nuclear deal or Iran deal, is an agreement on the Iranian nuclear program reached in Vienna on 14 July 2015, between Iran and the P5+1 (the five permanent members of the United Nations Security Council—China, France, Russia, United Kingdom, United States—plus Germany) together with the European Union. Formal negotiations toward JCPOA began with the adoption of the Joint Plan of Action, an interim agreement signed between Iran and the P5+1 countries in November 2013. Iran and the P5+1 countries engaged in negotiations for the next 20 months and, in April 2015, agreed on an " Iran nuclear deal framework" for the final agreement. In July 2015, Iran and the P5+1 confirmed agreement on the plan, along with the "Roadmap Agreement" between Iran and the IAEA. After the Trump administration twice certifi ...
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Nuclear Program Of Iran
The nuclear program of Iran is an ongoing scientific effort by Iran to research nuclear technology that can be used to make nuclear weapons. Iran has several research sites, two uranium mines, a Nuclear reactor technology, research reactor, and uranium processing facilities that include three known Enriched uranium#Gas centrifuge, uranium enrichment plants. Iran's nuclear program was launched in the 1950s with the help of the United States under the Atoms for Peace program, and in 1970, Iran ratified the Treaty on the Non-Proliferation of Nuclear Weapons, Non-Proliferation Treaty (NPT), limiting its nuclear program to peaceful use, and making its nuclear program subject to inspection by the International Atomic Energy Agency (IAEA). Western cooperation ceased following the 1979 Iranian Revolution, after which Iran continued its nuclear program on a clandestine basis. In the 2000s, the revelation of Iran's clandestine uranium enrichment program raised concerns that the program m ...
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P5+1
The P5+1 refers to the UN Security Council's five permanent members (the P5); namely China, France, Russia, the United Kingdom, and the United States; plus Germany. The P5+1 is often referred to as the E3+3 by European countries. It is a group of six world powers which, in 2006, joined together in diplomatic efforts with Iran with regard to its nuclear program. History In June 2006, China, Russia, and the United States joined the three EU-3 countries, which had been negotiating with Iran since 2003, to offer another proposal for comprehensive negotiations with Iran. Up to then, the UN Security Council has adopted six resolutions in response to the Iranian nuclear program. The first resolution, #1696, was adopted in July 2006 and demands that Iran halt its uranium enrichment-related and reprocessing activities. The next three years saw the adoption of three more resolutions, #1737 in December 2006, #1747 in March 2007, and #1803 in March 2008, which have imposed g ...
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United Nations Security Council Resolution 1747
United Nations Security Council Resolution 1747 was a United Nations Security Council resolution, written with reference to some IAEA reports, that tightened the sanctions imposed on Iran in connection with the Iranian nuclear program. It was adopted unanimously by the United Nations Security Council on 24 March 2007. In June 2006, the five permanent Security Council members plus Germany offered a package of economic incentives including transfer of technology in the civilian nuclear field, in exchange for Iran to give up permanently its disputed uranium enrichment programme. Iran maintains it did not accept this offer because it was not attractive enough and because of its inalienable right to enrich uranium for peaceful purposes. To justify its position, Iran made reference to previous accords concluded between the late Shah of Iran and the West regarding Eurodif and Bushehr. Iran has also referred to similar accords between the West and other countries like North Korea ...
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Germany
Germany, officially the Federal Republic of Germany (FRG),, is a country in Central Europe. It is the most populous member state of the European Union. Germany lies between the Baltic and North Sea to the north and the Alps to the south. Its 16 constituent states have a total population of over 84 million in an area of . It borders Denmark to the north, Poland and Czechia to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its main financial centre is Frankfurt; the largest urban area is the Ruhr. Settlement in what is now Germany began in the Lower Paleolithic, with various tribes inhabiting it from the Neolithic onward, chiefly the Celts. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the ...
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France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin. Its eighteen integral regions (five of which are overseas) span a combined area of ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many List of islands of the United Kingdom, smaller islands within the British Isles. Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between ...
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Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historically b ...
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Iran And Weapons Of Mass Destruction
Iran is not known to currently possess weapons of mass destruction (WMD) and has signed treaties repudiating the possession of WMDs including the Biological Weapons Convention, the Chemical Weapons Convention, and the Non-Proliferation Treaty (NPT). Iran has first-hand knowledge of WMD effects—over 100,000 Iranian troops and civilians were victims of chemical weapons during the 1980s Iran–Iraq War."Nuclear proliferation: The Islamic Republic of Iran", Gawdat Bahgat, Iranian Studies Journal, vol. 39(3), September 2006Center for Documents of The Imposed War, Tehran. (مرکز مطالعات و تحقیقات جنگ) In 2003 the Supreme Leader of Iran, Ayatollah Ali Khamenei, along with other clerics, issued a public and categorical religious decree (''fatwa'') against the development, production, stockpiling and use of nuclear weapons, though it is approved by some relatively minor clerics. Later versions of this fatwa forbid only the "use" of nuclear weapons, but said nothing ...
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