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Evocabank opened in 1990 as Prometheus Bank, and renamed in 2001 as Prometey Bank. It was re-branded in 2017 as Evocabank. HSBC Bank Armenia, opened in 1996 as "Midland Armenia Bank", incorporated into HSBC Bank Armenia in 1999. VTB Armenia, opened in 1993 as the "ArmSavingsBank", incorporated into VTB Armenia in 2006.
Bank Mellat (Persian: بانک ملت, Bank Milât, lit. People's Bank) is a private Iranian bank.Its name means "Bank of the Nation". Bank Mellat was established in 1980, with a paid capital of Rials 33.5 billion as a merger of ten pre-revolution private banks, comprising Tehran, Dariush, Pars, Etebarat Taavoni & Tozie, Iran & Arab, Bein-al-melalie-Iran, Omran, Bimeh Iran, Tejarat Khareji ...
Mellat Investment Bank was established under the license of Security Exchange Organization on 30 August 2010. [2] The company began operations on January 18, 2011, and provides various types of financial services such as brokerage, broker-dealer, market making, asset management, Advisory services, underwriting, firm commitment, and all other permitted financial services.
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Persia International Bank plc commenced trading in London on 29 April 2002, following the merger of the London branches of Bank Mellat and Bank Tejarat, which are joint shareholders in Persia International Bank.
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In order to support the sector and increase availability of loans, the Central Bank of Armenia (CBA) started the process of monetary policy easing by systematically lowering the refinancing rate, which decreased by 4.5p.p. down to 6% between 2015-2017.
Central Bank passed a limiting law in 2022 which bans banks from starting mobile "neo" bank apps that have their own core. [10] There are a number of active programs such as Omid Bank, Tobank, Wepod and Zpod Kidzy, [11] Bank Mellat Plus. [12] Iranians need Identity national smart cards and video confirmation to open an account. [13]