Bank Pasargad
Bank Pasargad is an Iranian banking institution headquartered in Tehran and operating under the Persian name بانک پاسارگاد. It matters to investors, suppliers, buyers and analysts assessing domestic banking relationships, payment arrangements and financial-service access in Iran.
Operations & footprint
Products and services
Bank Pasargad provides banking, corporate finance, retail banking, deposits, lending, payment services, electronic banking, cards, and business financial services. Its operating role is linked to private-sector banking demand, corporate clients, payment infrastructure, credit allocation, and financial-service access for enterprises and households across Iran.
Geographic footprint
Tehran, Tehran Province, Iran.
Ownership & group structure
Parent company
Publicly traded private-sector bank and core entity of Pasargad Financial Group. Current controlling-shareholder percentages require the latest shareholder disclosure.
Reported scale
Employees: The official LinkedIn profile reports approximately 330 branches and 4,685 employees. These profile figures are undated and should not be treated as audited 2026 counts.
Commercial and investment relevance
In the Hormuz investment graph, Bank Pasargad connects listed financial-sector exposure, corporate banking, payment services, private-sector credit demand, and business operating conditions in Iran. It is useful for screening banking access, payment infrastructure, partner settlement risk, and domestic financial-market depth. Foreign analysts should not treat the profile as an endorsement or simple entry point; any commercial use requires verification of regulatory status, sanctions exposure, balance-sheet quality, disclosure data, correspondent access, and real service availability for foreign-linked counterparties. The bank is a relevant domestic financial-services counterparty for businesses assessing banking relationships, payment arrangements and financial access in Iran.
Constraints, risk & compliance
Sanctions and compliance considerations
OFAC lists Bank Pasargad under IRAN and IRAN-EO13902 and marks it as subject to secondary sanctions. In August 2025 OFAC also designated several Pasargad-linked technology companies. Transactions require current sanctions, ownership and payment-route screening.
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Connected Intelligence
Relevant geography, industry, market and execution context for this profile.
Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What is Bank Pasargad?
Bank Pasargad is an Iranian banking institution headquartered in Tehran.
What is Bank Pasargad called in Persian?
Bank Pasargad is known in Persian as بانک پاسارگاد.
Where is Bank Pasargad headquartered?
Bank Pasargad is headquartered in Tehran, Tehran Province, Iran.