Iran Zamin Bank
Iran Zamin Bank Public Share Holding Company is a Tehran-based Iranian bank listed on Iran Farabourse under ticker وزمین. Founded in 2011, it provides deposit, lending, retail, business, payment-card and digital-banking services through a nationwide branch network. It is relevant as a domestic financial-services counterparty, with sanctions screening a decisive consideration for cross-border or procurement-linked engagement.
Operations & footprint
Products and services
Iran Zamin Bank provides deposits, lending, retail banking, business banking, electronic banking, card services, internet and mobile banking, payment services, branch services, and digital banking infrastructure for individuals, businesses, and institutional customers operating through Iran's formal banking system.
Operations and assets
The bank had 262 branches across Iran as of 20 May 2024. Its operating model combines deposit and lending activity with payment cards, electronic banking, internet banking and mobile banking.
Geographic footprint
Iran, with headquarters in Tehran and a branch network across the country.
Ownership & group structure
Ownership
Public Share Holding Company.
Subsidiaries and group companies
Business Development Company (100% owned).
Commercial and investment relevance
Iran Zamin Bank is relevant for investors assessing banking access, credit availability, payment infrastructure, and counterparty risk in Iran. It can support analysis of how mid-sized banks serve households, SMEs, service companies, and digital-banking users. For market-entry work, the bank should be reviewed through its latest disclosures, regulatory position, asset-quality signals, liquidity conditions, and any constraints affecting payment reliability or formal money movement. Iran Zamin Bank is a domestic banking and payments counterparty for businesses requiring retail, corporate or digital banking services in Iran. Prospective suppliers and partners should assess transaction routing, payment-service compatibility and compliance requirements before engagement.
Constraints, risk & compliance
Key risks and constraints
The bank’s exposure to lending, deposits and payments links its operating outlook to domestic credit conditions and payment-system continuity. Its US SAM procurement exclusion designation is a material constraint on eligible counterparties and transactions.
Sanctions and compliance considerations
Iran Zamin Bank is listed under US SAM Procurement Exclusions. Counterparties should conduct transaction-specific sanctions and procurement-eligibility screening.
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Connected Intelligence
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Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What services does Iran Zamin Bank provide?
Iran Zamin Bank offers deposits, lending, retail and business banking, payment cards, payment services, and internet and mobile banking.
Is Iran Zamin Bank publicly listed?
Yes. Iran Zamin Bank has been listed on Iran Farabourse since 2011 under the ticker وزمین.
Where is Iran Zamin Bank headquartered?
The bank is headquartered in Tehran, Iran, at No. 187 North Shams Tabrizi Street, Mirdamad Boulevard.
Does Iran Zamin Bank require sanctions screening?
Yes. The bank is listed under US SAM Procurement Exclusions, making transaction-specific sanctions and procurement-eligibility screening essential.