BANK MELLAT

Bank Mellat is an Iranian commercial bank established in 1980 through the merger of ten pre-1979 revolution private banks, including Bank Omran, Bank Farhangian, Bank Tehran, Bank Pars, Bank Bimeh Iran, Iran International Bank, Bank Iran & Arab, Bank Dariush, Bank Foreign Commerce, and Bank Etebarat Taavoni & Tozii. Its name means "Bank of the Nation". It is one of the largest commercial banks in Iran, ranking among the top 1000 banks worldwide. The bank offers a comprehensive range of banking services, including consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management, and credit cards. Its objective is to provide banking services throughout Iran, facilitate domestic and foreign commercial affairs, and engage in production fields to support the Iranian economy. Bank Mellat has also been noted for providing financial support to entities associated with the Iranian military and Iran's nuclear and missile programs, according to the European Union and the U.S. Department of the Treasury.