Saman Bank Overview and Financial Information

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Saman Bank is one of the largest banks in Iran, with a long history dating back to 1974. It has a significant presence in the country's banking industry.

Saman Bank operates a large network of branches and ATMs across Iran, providing a wide range of financial services to its customers. The bank has a strong focus on supporting small and medium-sized enterprises.

With over 40 years of experience, Saman Bank has established itself as a trusted and reliable financial institution in Iran. Its commitment to innovation and customer satisfaction has earned it a loyal customer base.

About Saman Bank

Saman Bank was established in September 1999 as Saman Eqtesad Credit Corporation. It has since evolved into a prominent private banking institution in Iran.

The bank received its full banking license in August 2002, allowing it to rebrand itself as Saman Bank and focus on becoming the leading corporate bank in the country.

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Saman Bank has a robust share capital, growing from Rials 11 billion (approximately US$ 1.4 million) at inception to Rials 900 billion (around US$ 97 million) by 2007.

The bank operates from its headquarters and a network of 100 branches, serving a diverse clientele including corporate, commercial, and retail customers.

Here are some key facts about Saman Bank's presence:

Saman Bank offers a comprehensive range of financial products and services, including corporate financing, investment banking, trade finance, and personal banking solutions.

The bank is particularly focused on understanding the sector-specific needs of its clients, which enables it to deliver tailored banking solutions that address unique challenges and opportunities in various industries.

Saman Bank has a strong commitment to innovation, leveraging advanced banking technologies to enhance customer experience and streamline operations.

The bank is committed to adopting digital solutions that facilitate efficient transactions and provide customers with convenient access to banking services.

As of May 2018, the bank had 174 branches in Iran, with 81 branches in Tehran and 68 branches in other cities.

Saman Bank has a significant presence in the Iranian market, with a strong focus on corporate banking.

Consider reading: Banks and Banking Services

Financial Information

A smartphone displaying stock data rests on a financial report graph.
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Saman Bank offers a range of financial services, including savings accounts, current accounts, and investments.

Their savings accounts offer competitive interest rates, with rates ranging from 7% to 10% per annum.

The bank also provides a convenient online banking system, allowing customers to manage their accounts and perform transactions from anywhere.

This system is accessible 24/7, making it easy to keep track of finances at any time.

Financial Data

Financial data is a crucial aspect of making informed financial decisions. Having access to accurate and up-to-date financial information is essential for individuals, businesses, and investors.

The average American household has around $38,000 in debt, according to recent statistics. This can include credit card debt, mortgages, and other types of loans.

Financial reports, such as balance sheets and income statements, provide a snapshot of a company's financial health. They can be used to identify areas of strength and weakness.

The Securities and Exchange Commission (SEC) requires publicly traded companies to file financial reports with the government. These reports are publicly available and can be accessed online.

Detailed view of Iranian rial banknotes held in hand, illustrating finance and economy in Iran.
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A well-structured budget can help individuals manage their finances and achieve their financial goals. By tracking income and expenses, individuals can identify areas where they can cut back and save money.

According to a recent survey, 62% of Americans live paycheck to paycheck, highlighting the importance of financial planning and management.

Financial Group

Saman Financial Group is a significant player in the financial industry, with a diverse range of subsidiary companies under its umbrella.

The group includes Saman Kish Electronic Payment, which handles electronic transactions, and Saman Satellite Communications Group (Saman SCG), which provides communication services.

Saman Exchange is another key component, offering exchange services, while Saman Insurance provides insurance solutions to clients.

Saman Brokerage offers brokerage services, and Iranian Credit Bureau & Scoring helps with credit scoring and reporting.

Saman Processing is involved in processing services, and Aftab Tejarat Saman Servicing provides servicing solutions.

Here's a list of the subsidiary companies in the Saman Financial Group:

  • Saman Kish Electronic Payment
  • Saman Satellite Communications Group (Saman SCG)
  • Saman Exchange
  • Saman Insurance
  • Saman Brokerage
  • Iranian Credit Bureau & Scoring
  • Saman Processing
  • Aftab Tejarat Saman Servicing
  • Saman Bank branch in Tehran
  • Kardan Investment Bank

Financial Services

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Saman Bank offers a range of financial services to cater to diverse customer needs. Its services include personal banking, corporate banking, and Islamic banking.

The bank provides a variety of personal banking services, such as savings accounts, current accounts, and credit cards. These services are designed to meet the everyday banking needs of individuals.

Saman Bank's corporate banking services include cash management, trade finance, and investment banking. These services help businesses manage their finances and achieve their goals.

SWIFT Code Actions

You'll need the SWIFT code of Saman Bank Niederlassung Frankfurt for international transfers to their bank account.

To find your Saman Bank Niederlassung Frankfurt SWIFT code, check your bank statement, log into your online banking account, or contact Saman Bank Niederlassung Frankfurt directly.

Traditional banks often process international transfers slowly and at a higher cost, but alternative solutions like Qonto business account can provide a swift, cost-effective, and secure solution for transferring funds internationally.

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You can find the SWIFT code on the official Saman Bank Niederlassung Frankfurt website under banking information or help sections.

Yes, you need a Saman Bank Niederlassung Frankfurt SWIFT code for international transfers, as it's crucial for routing funds to the correct bank and branch, ensuring a secure and efficient transfer process.

Broaden your view: Banking Code

Sponsorship

Sponsorship is a key aspect of financial services, and it's interesting to see how companies partner with organizations to promote their brand.

Saman Bank was a 2013-2016 sponsor of Iran Volleyball Teams & Federation, demonstrating its commitment to supporting local sports and communities.

This kind of sponsorship can help build brand awareness and loyalty among customers, especially if the partnership is successful and well-received by the public.

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

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