Moon Banking

Eghtesad Novin Bank

in Iran 🇮🇷

Eghtesad Novin Bank in Iran is unranked. Only banks with at least 10 votes are ranked. Cast your votes now!
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About Eghtesad Novin Bank in Iran

Eghtesad Novin Bank (also known as EN Bank) is Iran's first private bank, offering retail, commercial, and investment banking services. The name translates to "Modern Economy Bank" in English. Established in 2001, the bank was founded by a consortium of industrial, construction, and investment companies with the goal of providing flexible financial services to Iran's private sector.

Headquartered in Tehran, Eghtesad Novin Bank operates throughout Iran with 310 branches, over 1,200 ATMs, and approximately 5,317 employees. The bank is owned by the EN Group of Companies, which is entirely controlled by the Eghtesad Family. As a private bank, EN Bank operates under Islamic Sharia law principles, which govern all Iranian banking institutions.