From Imperial Bank to Bank-e Ghavamin: a Short History of Banking in Iran
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Iran 1400
- 17 Min To Read
- 21 Sep, 2020
The founding and growth of banking in Iran The first bank in Iran, the Bank-e Shahanshahi-ye Iran [Imperial Bank of Persia], or “Imperial Bank” was established in 1889 with a concession granted by Nasser al-Din Shah Qajar to Baron Julius De Reuter.
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