375:) under registration number 157915. Pursuant to the approval by the Extraordinary General Assembly of the Shareholders dated February 15, 2000 (26/11/1379), and the preliminary agreement of the Supervision Department of the Central Bank on September 22, 2001 (31/6/1380), the process of converting the Credit Institute into a bank began. New articles of association was adopted; the paid-up capital was increased in two stages to 200 Billion Rials (just over $ 25 million); and, shares of those shareholders who did not take advantage of their primitive rights (with respect to the
402:
25:
730:
280:
361:. Its shareholders are among the industrialists and contractors in Iran. Many of them are members of the Association of Industrial Managers of Iran, Association of Construction Engineers of Iran, Association of Utility Engineers, and Consulting Engineers and Architects.
1037:
816:
1017:
368:
on
December 1, 1999. About 85% of the capital was contributed by the founding shareholders and the balance was offered to the general public, which was taken up within days.
718:
1027:
169:
696:
861:
786:
459:
1022:
382:
The
Institution was officially converted into a bank on January 1, 2001 (11/10/1380), thus creating the first privately owned bank since 1979.
901:
711:
685:
1032:
1012:
851:
841:
137:
971:
116:
341:. Established in 2001, it is now one of Iran's leading private banks and also the first private bank to be established since the
680:
518:
46:
826:
704:
523:
97:
50:
69:
468:
986:
896:
452:
76:
35:
941:
751:
54:
39:
976:
866:
856:
811:
660:
513:
83:
871:
831:
796:
376:
906:
881:
65:
1007:
629:
624:
445:
364:
With an initial capital of 30 Billion Rials, the Credit
Institute received its operating permit from the
735:
675:
161:
619:
599:
528:
477:
365:
956:
644:
806:
781:
358:
342:
268:
246:
639:
921:
886:
776:
756:
670:
554:
503:
258:
911:
836:
634:
372:
322:
90:
493:
415:
338:
254:
242:
165:
916:
238:
147:
1001:
771:
614:
594:
544:
250:
155:
966:
936:
791:
761:
584:
579:
569:
407:
371:
The
Institution was incorporated on December 9, 1999 (equivalent to 18/9/1378 in
926:
891:
846:
766:
665:
549:
508:
485:
357:. It is the first truly privately owned bank in Iran established since the 1979
234:
24:
609:
604:
498:
397:
961:
574:
136:
981:
931:
589:
801:
559:
180:
1038:
Iranian entities subject to U.S. Department of the
Treasury sanctions
746:
208:
951:
946:
821:
729:
437:
284:
212:
700:
441:
432:
18:
390:
As of
December 2011, the bank had 108 branches within Iran.
306:
353:
The
Karafarin Bank was initially established as the
653:
537:
484:
301:
291:
274:
264:
230:
218:
204:
186:
176:
153:
143:
1018:Companies listed on the Tehran Stock Exchange
712:
453:
8:
129:
53:. Unsourced material may be challenged and
719:
705:
697:
460:
446:
438:
135:
128:
117:Learn how and when to remove this message
1028:Iranian companies established in 2001
7:
51:adding citations to reliable sources
686:Islamic Cooperation Investment Bank
326:
14:
379:) were sold to new shareholders.
862:Jaber Ebne Hayyan Pharmaceutical
728:
400:
279:
278:
23:
681:Iran-Venezuela Bi-National Bank
519:Export Development Bank of Iran
827:Khorasan Petrochemical Company
524:Qarz Al-Hasaneh Mehr Iran Bank
1:
1023:Companies in the TSE TEFIX-30
987:Zagros Petrochemical Company
355:Karafarinan Credit Institute
192:; 23 years ago
1054:
942:Pasargad insurance company
852:Iran Tractor Manufacturing
842:Iran Combine Manufacturing
1033:Companies based in Tehran
1013:Banks established in 2001
867:Jam petrochemical company
742:
661:Persia International Bank
514:Bank of Industry and Mine
475:
134:
872:Jey Oil Refining Company
734:Companies listed on the
377:seasoned equity offering
882:Loghman Pharmaceuticals
333:), which translates to
630:Mellat Investment Bank
625:Kardan Investment Bank
977:Tidewater Middle East
736:Tehran Stock Exchange
676:Iranian-European Bank
335:Entrepreneurship Bank
797:Data Processing Iran
620:Amin Investment Bank
529:Bank Keshavarzi Iran
478:Central Bank of Iran
366:Central Bank of Iran
47:improve this article
957:Sepahan Oil Company
293:Number of employees
131:
807:Iranol Oil Company
359:Iranian Revolution
343:Iranian revolution
269:Commercial Banking
247:investment banking
995:
994:
887:Machine Sazi Arak
857:Iranian Aluminium
812:Ghadir Investment
787:Chadormalu Mining
757:AzarAb Industries
694:
693:
671:Mir Business Bank
555:Bank Saderat Iran
504:Post Bank of Iran
315:
314:
259:wealth management
243:corporate banking
127:
126:
119:
101:
1045:
912:Navard Aluminium
733:
732:
721:
714:
707:
698:
654:Foreign/overseas
635:Middle East Bank
462:
455:
448:
439:
433:Official Website
410:
405:
404:
403:
373:Iranian calendar
328:
311:
308:
282:
281:
239:consumer banking
224:Ahmad Baharvandi
200:
198:
193:
139:
132:
122:
115:
111:
108:
102:
100:
66:"Karafarin Bank"
59:
27:
19:
1053:
1052:
1048:
1047:
1046:
1044:
1043:
1042:
998:
997:
996:
991:
907:Mobarakeh Steel
738:
727:
725:
695:
690:
649:
600:Iran Zamin Bank
538:Non-state-owned
533:
494:Bank Melli Iran
480:
471:
466:
429:
424:
416:Banking in Iran
406:
401:
399:
396:
388:
351:
305:
294:
255:private banking
225:
221:
196:
194:
191:
168:
158:
123:
112:
106:
103:
60:
58:
44:
28:
17:
12:
11:
5:
1051:
1049:
1041:
1040:
1035:
1030:
1025:
1020:
1015:
1010:
1000:
999:
993:
992:
990:
989:
984:
979:
974:
969:
964:
959:
954:
949:
944:
939:
934:
929:
924:
919:
917:North Drilling
914:
909:
904:
899:
894:
889:
884:
879:
877:Karafarin Bank
874:
869:
864:
859:
854:
849:
844:
839:
834:
829:
824:
819:
814:
809:
804:
799:
794:
789:
784:
779:
774:
769:
764:
759:
754:
749:
743:
740:
739:
726:
724:
723:
716:
709:
701:
692:
691:
689:
688:
683:
678:
673:
668:
663:
657:
655:
651:
650:
648:
647:
642:
637:
632:
627:
622:
617:
612:
607:
602:
597:
592:
587:
582:
577:
572:
567:
565:Karafarin Bank
562:
557:
552:
547:
541:
539:
535:
534:
532:
531:
526:
521:
516:
511:
506:
501:
496:
490:
488:
482:
481:
476:
473:
472:
467:
465:
464:
457:
450:
442:
436:
435:
428:
427:External links
425:
423:
420:
419:
418:
412:
411:
395:
392:
387:
384:
350:
347:
331:Bank Karâferin
319:Karafarin Bank
313:
312:
303:
299:
298:
295:
292:
289:
288:
276:
272:
271:
266:
262:
261:
251:mortgage loans
232:
228:
227:
222:
219:
216:
215:
206:
202:
201:
188:
184:
183:
178:
174:
173:
172:: IRO1KRAF0000
159:
154:
151:
150:
145:
141:
140:
130:Karafarin Bank
125:
124:
31:
29:
22:
15:
13:
10:
9:
6:
4:
3:
2:
1050:
1039:
1036:
1034:
1031:
1029:
1026:
1024:
1021:
1019:
1016:
1014:
1011:
1009:
1008:Banks of Iran
1006:
1005:
1003:
988:
985:
983:
980:
978:
975:
973:
970:
968:
965:
963:
960:
958:
955:
953:
950:
948:
945:
943:
940:
938:
935:
933:
930:
928:
925:
923:
920:
918:
915:
913:
910:
908:
905:
903:
900:
898:
895:
893:
890:
888:
885:
883:
880:
878:
875:
873:
870:
868:
865:
863:
860:
858:
855:
853:
850:
848:
845:
843:
840:
838:
835:
833:
830:
828:
825:
823:
820:
818:
815:
813:
810:
808:
805:
803:
800:
798:
795:
793:
790:
788:
785:
783:
780:
778:
775:
773:
772:Bank Pasargad
770:
768:
765:
763:
760:
758:
755:
753:
750:
748:
745:
744:
741:
737:
731:
722:
717:
715:
710:
708:
703:
702:
699:
687:
684:
682:
679:
677:
674:
672:
669:
667:
664:
662:
659:
658:
656:
652:
646:
643:
641:
638:
636:
633:
631:
628:
626:
623:
621:
618:
616:
615:Sarmayeh Bank
613:
611:
608:
606:
603:
601:
598:
596:
595:Ghavamin Bank
593:
591:
588:
586:
583:
581:
578:
576:
573:
571:
568:
566:
563:
561:
558:
556:
553:
551:
548:
546:
545:Bank Pasargad
543:
542:
540:
536:
530:
527:
525:
522:
520:
517:
515:
512:
510:
507:
505:
502:
500:
497:
495:
492:
491:
489:
487:
483:
479:
474:
470:
469:Banks of Iran
463:
458:
456:
451:
449:
444:
443:
440:
434:
431:
430:
426:
421:
417:
414:
413:
409:
398:
393:
391:
385:
383:
380:
378:
374:
369:
367:
362:
360:
356:
348:
346:
344:
340:
337:is a private
336:
332:
327:بانک کارآفرین
324:
320:
310:
307:karafarinbank
304:
300:
296:
290:
286:
283:€800 million
277:
273:
270:
267:
263:
260:
256:
252:
248:
244:
240:
236:
233:
229:
223:
217:
214:
210:
207:
203:
189:
185:
182:
179:
175:
171:
167:
163:
160:
157:
152:
149:
146:
142:
138:
133:
121:
118:
110:
99:
96:
92:
89:
85:
82:
78:
75:
71:
68: –
67:
63:
62:Find sources:
56:
52:
48:
42:
41:
37:
32:This article
30:
26:
21:
20:
967:Tejarat Bank
937:Parsian Bank
922:Offset Press
876:
792:Darou Pakhsh
777:Bank Saderat
762:Bahman Group
645:Tourism Bank
585:Ayandeh Bank
580:Tejarat Bank
570:Parsian Bank
564:
408:Banks portal
389:
381:
370:
363:
354:
352:
339:bank in Iran
334:
330:
318:
316:
235:Credit cards
205:Headquarters
144:Company type
113:
107:October 2017
104:
94:
87:
80:
73:
61:
45:Please help
33:
16:Bank in Iran
927:Pars Khodro
847:Iran Khodro
767:Bank Mellat
666:Future Bank
550:Bank Mellat
509:Bank Maskan
486:State-owned
1002:Categories
782:Behran Oil
752:Arya Sasol
640:Shahr Bank
610:Saman Bank
605:Refah Bank
499:Bank Sepah
422:References
220:Key people
77:newspapers
962:Sina Bank
575:Sina Bank
345:in 1979.
156:Traded as
34:does not
982:Tolypers
932:Pars Oil
590:Bank Day
394:See also
386:Branches
265:Services
231:Products
177:Industry
817:GIMIDCO
802:EN Bank
560:EN Bank
349:History
323:Persian
302:Website
275:Revenue
195: (
187:Founded
181:Banking
91:scholar
55:removed
40:sources
837:IGISCO
747:Aabsal
287:(2017)
209:Tehran
148:Public
93:
86:
79:
72:
64:
952:SAIPA
947:SADRA
897:Marun
892:MAPNA
822:HEPCO
226:(CEO)
166:KRAF1
98:JSTOR
84:books
317:The
297:1850
213:Iran
197:2001
190:2001
170:ISIN
70:news
38:any
36:cite
972:TCI
902:MCI
832:KSC
309:.ir
285:EUR
162:TSE
49:by
1004::
329:,
325::
257:,
253:,
249:,
245:,
241:,
237:,
211:,
164::
720:e
713:t
706:v
461:e
454:t
447:v
321:(
199:)
120:)
114:(
109:)
105:(
95:·
88:·
81:·
74:·
57:.
43:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.