AminIB, also known as Amin Investment Bank ( fa, شرکت تأمین سرمایه امین, ''Shirkat-e Tamin-e Sirmaih-e Amin''), is a major
Iran
Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkm ...
ian banking establishment offering
commercial
Commercial may refer to:
* a dose of advertising conveyed through media (such as - for example - radio or television)
** Radio advertisement
** Television advertisement
* (adjective for:) commerce, a system of voluntary exchange of products and s ...
and
investment banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with ...
services.
The company was established in 2007 as part of the government's
economic reform
Microeconomic reform (or often just economic reform) comprises policies directed to achieve improvements in economic efficiency, either by eliminating or reducing distortions in individual sectors of the economy or by reforming economy-wide polic ...
of the banking system.
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The bank specializes in services relating to Iran's Ministry of Petroleum (Iran), petrochemical industry and mining sectors, representing the interests of the Abadan Refinery
The Abadan refinery ( fa, پالایشگاه آبادان ''Pālāyeshgāh-e Ābādān'') is an oil refinery located in Abadan near the coast of the Persian Gulf.
History
Built by the Anglo-Persian Oil Company (later BP) on the basis of a lease ...
, and IMIDRO
Iranian Mines & Mining Industries Development & Renovation, known as IMIDRO, is a major state-owned holding company active in the mining sector in Iran. IMIDRO has 8 major companies and 55 operational subsidiaries active in steel, aluminum, coppe ...
.
In 2007, the bank had an initial equity capital of $100 million.
Operations
In addition to offering short and fixed deposit accounts for domestic and overseas clients, the bank also provides mergers and acquisitions services, risk management, financing
Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm uses ...
and corporate loans.
Corporate governance
* salman khandemalmele - CEO
Current members of the board of directors include: Mahmoud Bahmani, Masoud Gharaati, Reza Raei, Mehdi Ghadami, Ali Asgari, Saeed Khoda Moradi, Mohammad Reza Rostami.
See also
*Banking 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 o ...
*Privatization in Iran
According to the Fourth Five-Year Economic Development Plan (2005–2010), the Privatization Organization of Iran affiliated with the Ministry of Economic Affairs and Finance is in charge of setting prices and ceding shares to the general public ...
*Tehran Stock Exchange
The Tehran Stock Exchange (TSE) ( fa, بورس اوراق بهادار تهران, romanized: ''Burs-e Owraq-e Bahadar-e Tehran'') is Iran's largest stock exchange, which first opened in 1967. The TSE is based in Tehran. , 339 companies with a com ...
References
External links
*
Banks of Iran
Banks established in 2007
Investment banks
Companies based in Tehran
Iranian companies established in 2007
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