Bank Shahr

Shahr Bank
Company typePublic
وشهر
IndustryFinancial services and investment (IRR and foreign currencies)
FoundedFebruary 2009
HeadquartersIran,
Tehran, Ferdowsi Square
Key people
  • Barat Karimi (chairman)
  • Mohammad Mehdi Ahmadi
ServicesAll financial services provided by the bank and its subsidiaries
Owners
  • Tehran Municipality
  • Mashhad Municipality
  • Karaj Municipality
  • Qom Municipality
  • Shiraz Municipality
  • Qazvin Municipality
  • Tehran Municipality Employees' Reserve Fund
  • Tehran Municipality Retirement Fund
  • Shahriar Cooperative Production and Distribution Company
  • Other natural and legal persons
Number of employees
More than 4,000
Websitewww.shahr-bank.ir

Shahr Bank is one of the private banks in Iran that officially started its operations on February 9, 2009. In the past, this bank provided financial services under the names "Honarvaran Shahr Cooperative" and "Shahr Credit Cooperative."

Shahr Bank was founded by the Tehran Municipality, and its shares are primarily owned by municipalities of various cities and metropolitan areas, municipal employees, and a portion of the Iranian public.

In 2014, it recorded the highest resource growth among private banks. The bank has branches in many cities of Iran.

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