Bank Melli Iran

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Bank Melli Iran (BMI; Persian: بانک ملّی ایران, romanized: Bānk-e Melli-ye Irān, lit. 'National Bank of Iran') is a leading commercial bank in Iran, headquartered in Tehran. It was established in 1928 under the newly established rule of Reza Shah, and served as the country's central bank until 1960, when the Central Bank of Iran was established for that purpose and Bank Melli Iran was repurposed as a merely commercial bank. As of 2016, Bank Melli Iran was the largest Iranian company in terms of annual income with a revenue of 364 657 billion rials in 2016. It was the largest bank in the Islamic world and in the Middle East. By the end of 2016, BMI had net assets of $76.6 billion and a network of 3.328 banking branches; so it was known as the largest Iranian bank based on the amount of assets. The brand of BMI was recognized as one of the 100 top Iranian brands in 10th National Iranian Heroes Championship in 2013. The National Bank has 3328 active branches inside, 14 active branches and...

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