Bank Sepah

Bank Sepah
بانک سپه
Company typeGovernment-owned corporation
IndustryBanking, Financial services
Founded1925 (1925)
FounderIranian Army Pension Fund
HeadquartersNegin Sepah Building,
Nowrouz Street, Africa Highway,
Argentina Square,
Tehran, Iran,
Tehran
,
Iran
Area served
Worldwide
Key people
Ayatollah Ebrahimi
(CEO)
ServicesCredit cards, consumer banking, corporate banking, mortgage loans
Revenue 37,153,487 IRR (2014)*
20,701,827 IRR (2014)*
490,892 IRR (2014)*
Total assets 500,319,226 IRR (2014)*
Total equity 72,427,585 IRR (2014)*
Number of employees
18,277
SubsidiariesBank Sepah International plc
Websitewww.banksepah.ir
Footnotes / references
* Amounts in IRR million

Bank Sepah (Persian: بانک سپه, Bānke Sepah) is an Iranian bank. It was established in 1925 as the first Iranian bank. Its first branch, in Tehran, opened that year. The bank also has branches in Frankfurt, Paris and Rome as well as a subsidiary, Bank Sepah International plc, in London. Sepah Bank has recently merged four other Iranian banks and one credit institution: Ansar Bank, Mehr Eqtesad Bank, Hekmat Iranian Bank, Ghavamin Bank and the Kosar Credit Institution. The Omid Bank app is product of Bank Sepah.