Iran's other banks

27 June 1997
SPECIAL REPORT BANKING

Iran's five commercial banks are supplemented by five specialised banks. Chief among them is the Bank of Industry & Mines. The others are Bank Refah Kargaran (Workers' Welfare Bank); Bank Tosee Keshavarzi (Agricultural Development Bank); Bank Maskan (Housing Bank); and Export Development Bank of Iran. There are also two Iranian banks registered abroad: one is UK-registered Iran Overseas Investment Bank; the other is Hamburg-based Europaisch-Iranische Handelsbank.

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