Persia International Bank Company Profile

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Persia International Bank is a well-established financial institution with a rich history.

Persia International Bank was founded in 1990 with the goal of providing innovative banking solutions to its customers.

The bank's headquarters is located in Tehran, Iran, and it has a strong presence in the country's financial market.

Persia International Bank offers a wide range of financial services, including corporate banking, consumer banking, and investment banking.

The bank's commitment to customer satisfaction has earned it a loyal customer base over the years.

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Financial Information

Persia International Bank offers a range of financial services to its customers.

The bank's financial information is transparent, with clear details about its fees and charges.

One notable aspect of the bank's financial services is its competitive interest rates on savings accounts.

Persia International Bank also provides its customers with access to a wide range of financial products, including loans and credit cards.

International Bank Plc

Persia International Bank Plc is a notable example of a financial institution that has received a waiver notice from the DFSA (Dubai Financial Services Authority). The notice, dated August 2, 2005, waives certain rules for the bank.

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The DFSA Firm Reference Number for Persia International Bank Plc is 10008. This is a unique identifier assigned to the bank by the DFSA.

Persia International Bank Plc is located at Level 4, The Gate Building, PO Box 119871, Dubai, UAE. This is the address listed in the waiver notice.

The waiver notice specifies that the following rules do not apply to Persia International Bank Plc:

  • PIB Chapter 1, Section 1.2 & 1.4 (Financial Resources & The Trading Book)
  • PIB Chapter 2, all Sections (Capital)
  • PIB Chapter 4, Sections 4.3 to 4.10 (Credit Risk)
  • PIB Chapter 5, Sections 5.3 to 5.9 (Market Risk)
  • PIB Chapter 7, Sections 7.3 and 7.4 (Group Risk)

Here is a list of the waived rules:

  • PIB Chapter 1, Section 1.2 & 1.4
  • PIB Chapter 2, all Sections
  • PIB Chapter 4, Sections 4.3 to 4.10
  • PIB Chapter 5, Sections 5.3 to 5.9
  • PIB Chapter 7, Sections 7.3 and 7.4

The waiver notice requires Persia International Bank Plc to submit a copy of the Financial Services Authority's (FSA) Section D Capital Adequacy Summary every quarter. This must be submitted to the DFSA within ten days of the due date to the FSA.

Annual Revenue

Persia International Bank reported an annual revenue of $7.9 million in 2025.

This is a relatively modest revenue compared to other financial institutions, but it's still a significant figure for a bank of its size.

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The annual revenue of Persia International Bank provides insight into its financial health and stability, which is essential for investors and customers alike.

Persia International Bank's annual revenue was $7.9 million in 2025, a figure that reflects the bank's ability to generate income from its various business activities.

This revenue can be used to support the bank's operations, pay its employees, and invest in new projects to drive growth and expansion.

Credit Report

A credit report is a crucial tool for anyone looking to assess a company's financial health.

PERSIA INTERNATIONAL BANK PLC has a credit report available, which includes a risk score and credit limit.

This report also provides information on CCJs, or County Court Judgments, which can be a major red flag for potential lenders.

The credit report for PERSIA INTERNATIONAL BANK PLC also includes details on mortgages and charges.

You can access this report, which also comes with unlimited updates and free documents.

Public limited companies, like PERSIA INTERNATIONAL BANK PLC, have a share capital structure.

Their next accounts are due by 30 Sep 2025, after the 30 Sep 2024 deadline.

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Bank Management

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Persia International Bank has a team of experienced directors and a company secretary who oversee its operations. The bank's management team is led by Mr. Farshid Farokhnejad, who was appointed as a director on September 1, 2022.

Mr. Mohammad Reza Rezaeipour, another director, was appointed on June 1, 2022. Dr. Hadi Akhlaghi Feizasar, a director, was appointed on March 8, 2022.

Here are the current directors and their dates of appointment:

Current Directors

The current directors of the bank are a diverse group of individuals with a range of backgrounds and experiences.

Mr. Farshid Farokhnejad is a director who was appointed on September 1, 2022, and was born in September 1974.

Mr. Mohammad Reza Rezaeipour, another director, was appointed on June 1, 2022, and was born in January 1971.

Dr. Hadi Akhlaghi Feizasar, a director, was appointed on March 8, 2022, and was born in December 1966.

Mr. David Blackmore, a director, was appointed on April 12, 2019, and was born in December 1946.

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Mr. Aziz Akhondi- Asl, a director, was appointed on March 29, 2019, and was born in March 1951.

Mr. Farrokh Shahmir, a director, was appointed on June 30, 2017.

Here's a brief overview of the current directors:

Employment Numbers

Employment Numbers can be a crucial aspect of bank management, and it's interesting to see how it plays out in practice.

Persia International Bank has a relatively small workforce of 15 people.

What Is a CRO?

A CRO, or Chief Risk Officer, is responsible for overseeing and managing a bank's risk management process. Richard Burrows is the Chief Risk Officer (CRO) of Persia International Bank.

Their primary role is to identify, assess, and mitigate potential risks that could impact the bank's operations and financial stability. This includes credit risk, market risk, operational risk, and more.

The CRO works closely with other departments to ensure that risk management practices are integrated into all aspects of the bank's operations. In the case of Persia International Bank, Richard Burrows is responsible for leading this effort.

A key aspect of the CRO's role is to develop and implement risk management policies and procedures that align with the bank's overall strategy and goals.

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Greg Brown

Senior Writer

Greg Brown is a seasoned writer with a keen interest in the world of finance. With a focus on investment strategies, Greg has established himself as a knowledgeable and insightful voice in the industry. Through his writing, Greg aims to provide readers with practical advice and expert analysis on various investment topics.

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