Saman Bank
Saman Bank is a Tehran-based listed Iranian bank providing personal, SME, business and corporate banking, investment advisory, digital banking and import-financing services. Its operating role spans domestic payment and corporate-finance channels, including financing for production inputs and capital equipment. The bank is commercially relevant to Iranian transaction planning but is subject to OFAC SDN and secondary-sanctions restrictions.
Operations & footprint
Products and services
Saman Bank provides retail banking, corporate banking, electronic banking, payment services, card services, lending, deposits, foreign-exchange-related banking services, wealth-management-linked services, and financial solutions for commercial clients across sectors such as food, medicine, basic goods, information technology, chemicals, packaging, and industrial activity.
Operations and assets
The bank operates branch-based and digital banking channels, including Net Bank, Corporate Net Bank and Mobillet. Its corporate offering supports financing for production inputs, machinery, equipment, production lines and imports.
Geographic footprint
Headquartered in Tehran and serving customers in Iran.
Ownership & group structure
Reported scale
Employees: 2,425 employees (2018).
Commercial and investment relevance
For investors, Saman Bank is relevant as a financial-infrastructure node rather than as an operating exporter. Its branch, digital, payment, and corporate-banking channels help indicate where private-sector demand, import financing, working-capital needs, and transaction constraints are concentrated. In Hormuz analysis, it can support screening of banking access, credit availability, payment rails, counterparty due diligence, and the practical limits of moving money inside Iran's formal financial system. Saman Bank is a domestic banking counterparty for Iranian corporate cash management, electronic banking, working-capital finance and import financing. It is most relevant where a transaction requires assessment of local banking rails and finance arrangements, subject to applicable sanctions restrictions.
Constraints, risk & compliance
Key risks and constraints
The bank’s placement on OFAC’s SDN List materially restricts dealings involving U.S. persons and creates substantial compliance and counterparty risk for cross-border transactions. Its banking activities are also exposed to the operational constraints affecting Iranian import and corporate-finance flows.
Sanctions and compliance considerations
Saman Bank is listed on OFAC’s Specially Designated Nationals and Blocked Persons List under the IRAN and IRAN-EO13902 programmes and is identified as subject to secondary sanctions. Its OFAC-listed BIC is SABCIRTH.
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Frequently asked questions
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What services does Saman Bank provide?
Saman Bank offers personal, SME, business and corporate banking, investment advisory, electronic banking, corporate finance and import financing. Its digital channels include Net Bank, Corporate Net Bank and Mobillet.
Where is Saman Bank based?
Saman Bank is headquartered in Tehran, Tehran Province, Iran.
Is Saman Bank publicly listed?
Yes. Saman Bank is listed on the Tehran Stock Exchange / Farabourse under the ticker سامان (Saman).
What sanctions restrictions apply to Saman Bank?
Saman Bank is on OFAC’s SDN List under the IRAN and IRAN-EO13902 programmes and is identified as subject to secondary sanctions. Transactions require current, jurisdiction-specific sanctions and legal review.