Draft:Iran Zamin Bank
 | Review waiting, please be patient.
This may take 6 weeks or more, since drafts are reviewed in no specific order. There are 1,261 pending submissions waiting for review.
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
Reviewer tools
|
| Submission declined on 6 July 2024 by SafariScribe (talk). This submission does not appear to be written in the formal tone expected of an encyclopedia article. Entries should be written from a neutral point of view, and should refer to a range of independent, reliable, published sources. Please rewrite your submission in a more encyclopedic format. Please make sure to avoid peacock terms that promote the subject.
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
This draft has been resubmitted and is currently awaiting re-review. |  |
 | |
Native name | بانک ایران زمین |
|---|---|
| Formerly | Financial and credit institution of Mowla Al-Mowahedin |
| Company type | Public company |
| TSE: ZMNP1 ISIN: IRO7ZMNP0001 | |
| Industry | Financial services |
| Founded | 1998 in Khorasan |
| Founder | A group of Iranian investors |
| Headquarters | , |
Number of locations | 262 branches |
Area served | Iran |
Key people | Abdul Majid Poursaid (Managing director) |
| Products | Retail banking, loans |
Number of employees | 1,988 |
| Website | www |
Iran Zamin Bank (Persian: بانک ایران زمین) is an Iranian bank that is headquartered in Tehran and provides banking services and insurance in Iran. The bank operates a network of 262 branches across the country.
In 2011 it was listed on the Tehran Stock Exchange as a publicly listed company. The establishment of this bank followed the approval of the Central Bank of Iran in November 2008 to upgrade from the financial institution of Mowla Al-Mowahedin to a bank.[1]
In 2020, the bank was sanctioned by the U.S. Department of the Treasury together with other Iranian banks.[2][3][4]
History
[edit]The Financial and credit institution of Mowla Al-Mowahedin was established in 1998 by a group of Iranian investors in Khorasan province, with 400 branches operating throughout the country.[5]
In February 2011, upon the directive of the Central Bank, Mowla Al-Mowahedin institution was tasked with organizing unlicensed cooperatives and assumed responsibility for their guarantees. However, due to embezzlement by some managers, limited expertise, and the lack of familiarity among cooperative officials with the country's monetary and capital markets, issues arose. This led to illegal gatherings and disturbances in various cities.
Using its own cash reserves and without government support, Mowla Al-Mowahedin financial institution managed to provide funds to depositors and return their deposits through 160 branches, amounting to 4,180 billion rials. In February 2011, with the Central Bank's approval, Mowla Al-Mowahedin financial institution was elevated to the status of a bank and rebranded as Iran Zamin Bank.[6]
US Sanctions 2020
[edit]Iran Zamin Bank is among the banks that were sanctioned by the U.S. Department of the Treasury on October 8, 2020, and placed on the blacklist of this department.[7][8][9]
Subsidiaries
[edit]- Datam Commerce Development (100% ownership)
- Iran Investment Company (35.95% ownership)
- Arman Insurance (19.78% ownership)
- Kish IFS (18.65% ownership)
- Tamin Atieh Sarzamin Iranian (100% ownership)
- Pak Energy Nikoo Gostar (99.9% ownership)[10]
References
[edit]- ^ "اهداف بانک". 2021-10-20. Archived from the original on 2021-10-20. Retrieved 2024-06-10.
- ^ رادیوفردا (2020-10-08). "آمریکا ۱۸ بانک دیگر ایران را تحریم کرد". رادیو فردا (in Persian). Retrieved 2024-06-10.
- ^ "دولت ترامپ ۱۸ بانک ایرانی را تحریم کرد". BBC News فارسی (in Persian). Retrieved 2024-06-10.
- ^ "Treasury Sanctions Eighteen Major Iranian Banks". U.S. Department of the Treasury. October 8, 2020.
- ^ "روند تحول و تکامل بانک ایران زمین". فرهنگ اقتصاد. Retrieved 2024-06-10.
- ^ alefbakhabar. "الفباخبر :: بانک ایران زمین را بیشتر بشناسیم + تاریخچه". www.alefbakhabar.com (in Persian). Retrieved 2024-06-10.
- ^ رادیوفردا (2020-10-08). "آمریکا ۱۸ بانک دیگر ایران را تحریم کرد". رادیو فردا (in Persian). Retrieved 2024-06-10.
- ^ "دولت ترامپ ۱۸ بانک ایرانی را تحریم کرد". BBC News فارسی (in Persian). Retrieved 2024-06-10.
- ^ "آمریکا ۱۸ بانک ایران را تحریم کرد". ار.اف.ای - RFI (in Persian). 2020-10-09. Retrieved 2024-06-10.
- ^ "صورتهای مالی تلفیقی 12 ماهه منتهی به 1397/12/29 (حسابرسی شده)". 2022-09-09. Archived from the original on 2022-09-09. Retrieved 2024-06-10.