Post Bank Of Iran
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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. 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 The Central Bank of the Islamic Republic of Iran (CBI; ; SWIFT Code: BMJIIRTH), also known as ''Bank Markazi'', was established under the Iranian Banking and Monetary Act in 1960. It serves as the banker to the Iranian government and has the e ...
. Politico referred to it as the "worst attack" in Iran's history.


International issues

On 6 September 2013, the
European General Court The General Court, informally known as the European General Court (EGC), is a constituent court of the Court of Justice of the European Union. It hears actions taken against the institutions of the European Union by individuals and member stat ...
in Luxembourg ruled to annul the
European Union The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The u ...
(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. As of 2016, the EU asset freeze was still in effect.


See also

*
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 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 publ ...


References


External links



Banks established in 2006 Iranian companies established in 2006 Postal savings system Postal system of Iran Government-owned banks of Iran companies based in Tehran {{Iran-stub