EN Bank
| Company type | Private |
|---|---|
| TSE: NOVN1 ISIN: IRO1NOVN0005 | |
| Industry | Financial services |
| Founded | Tehran, Iran, 2001 |
| Headquarters | Tehran, Iran |
Key people | Alireza Balgouri (CEO) |
| Products | Retail banking Transaction accounts Insurance stock brokerage Investment bank Asset-based lending Consumer finance Trade International payments Foreign exchange |
Number of employees | 3,376 (Full-time equivalent, 2020) |
| Website | http://enbank.ir/ |
EN Bank, also known as Eqtesad Novin Bank (Persian: بانک اقتصاد نوین, Bānk-e Eqtesād-e Novin, lit. "Modern Economy Bank") is Iran's first private bank established by the Eghtesad Family offering retail, commercial and investment banking services in Iran. The company was established in 2000 as a part of the government's privatization of the banking system.
While established in Tehran, the bank operates throughout the nation with 5,317 employees, 1,200 ATMs and 310 branches across the Persian Gulf Region.
EN Bank is Iran's first private bank,. listed under the Tehran Stock Exchange and was listed as one of Iran's top 200 companies. However, it was taken down from Tehran Stock Exchange late 2015 as it was fully privatized by the Eghtesad Family. The bank was also awarded Euromoney magazine's best bank of Iran in 2010.
In 2024, EN Bank was targeted in a cyberattack carried out by IRLeaks, impacting 20 of Iran's 29 banks, including the Central Bank of Iran.