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Economy, Business And Markets

BSI Tops Iranian Banks in 2015

Bank Saderat of Iran ranked first among Iranian banks in 2015 and was placed among top 1,000 world banks, The Banker announced in its latest annual ranking report. Performance, volume and benefits gained by the banks were among main criteria used by the journal. Bank Saderat ranked 278th among top banks in the world, said the report. Bank Pasargad and Bank Maskan ranked 401 and 408 in the list, respectively. Saderat is one of the largest banks in the Middle East and has 28 international branches providing services in 12 countries. The lender is one of the top 10 most active companies in Tehran Stock Exchange and is the largest listed bank in terms of nominal capital in Iran.