Bank Mellat
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Bank Mellat Not Interested in Barter Deal With UK Treasury
EghtesadOnline: Bank Mellat is not willing to barter its damage claims after winning a lawsuit against the UK Treasury in exchange for goods, CEO of the bank said.
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UK Gov’t Settles $1.6 Billion Dispute With Bank Mellat
EghtesadOnline: The British government has settled a 1.25 billion pound ($1.6 billion) damages claim brought by Iran’s largest private bank in an 11th-hour, out-of-court deal following a dispute…
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UK Trying to Settle £1.25b Claim by Bank Mellat
EghtesadOnline: The British government is locked in crunch talks in an effort to avoid a lengthy high court battle by settling a £1.25 billion legal claim by Iran’s Bank Mellat.
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Iranian Bank Makes Foray Into Fintech Sector
EghtesadOnline: To claim a share of Iran’s growing fintech market, Bank Mellat has launched an innovation center to help promote the application of smart technologies in banking.
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Int’l Banking Ties Depend on Europe Talks Outcome
EghtesadOnline: Iran’s banking sector is pressing ahead with overseas business despite the shadow of sanctions’ revival looming over it, after the US unilaterally withdrew from the 2015 nuclear…
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Mellat Signs Reinsurance Deal With Munich Re
EghtesadOnline: Mellat Insurance Company, affiliated with Bank Mellat, has signed a contract with Munich Re, the biggest reinsurance company in the world, based on which the German firm will…
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Services for Authorized Moneychangers
EghtesadOnline: Bank Mellat has reached an agreement with the Association of Bureaux de Change Operators of Iran, based on which authorized money exchangers will be able to enjoy several services…
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Bank Mellat Accepts Facial Recognition
EghtesadOnline: Bank Mellat has now made facial recognition available as an option for unlocking its mobile banking app to become the first bank to offer this capability in the Iranian banking…
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Bank Mellat to Issue Certificates of Deposit Worth $326m
EghtesadOnline: Bank Mellat plans to sell 15 trillion rials ($326 million) worth of certificates of deposit during the next five trading days.
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Bank Mellat Promoting Digital Banking
EghtesadOnline: Bank Mellat is to launch a comprehensive project with the aim of boosting digital banking across all its services, its chief executive said.
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Bank Mellat to Issue $450m of Certificates of Deposit
EghtesadOnline: Bank Mellat plans to issue 18 trillion rials ($450 million) worth of certificates of deposit in the next five trading days. The CDs’ sale will begin on Monday and continue until…
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Bank Mellat Unveils AML/CFT Systems
EghtesadOnline: Two information systems aimed at implementing standards pertaining to anti-money laundering and combating financing of terrorism required by the Financial Action Task Force have…
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Iran's Mellat Insurance, SCOR Finalize Reinsurance Deal
EghtesadOnline: Mellat Insurance, affiliated with Bank Mellat, announced that it has signed a contract with France’s SCOR SE, based on which the major reinsurer will provide excessive loss coverage…
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1.63% Stake in Bank Mellat Up for Grabs
EghtesadOnline: An institutional stakeholder in Bank Mellat is scheduled to offer a 1.63% stake in the bank in a block sale on Wednesday.
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Bank Mellat, IMC Sign MoU
EghtesadOnline: Bank Mellat and Iran Medical Council have signed a memorandum of understanding with the aim of improving bilateral cooperation and increasing banking ties.
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Bank Mellat’s Seoul Branch Resumes Operations
EghtesadOnline: Bank Mellat has officially restarted work in South Korea through its branch in Seoul, Iran’s ambassador to the East Asian nation announced.
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Bank Mellat Launches Anti-Fraud Software
EghtesadOnline: Bank Mellat–a lender with extensive experience in designing and implementing banking software systems—has launched a fraud detection software that will promote the security of…
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Bank Mellat Resumes Seoul Business
EghtesadOnline: Bank Mellat has obtained the license to reopen its branch in Seoul, South Korea, the bank’s CEO announced.
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Bank Mellat to Open Georgia Branch by Sept.
EghtesadOnline: Mellat Bank Yerevan, a subsidiary of Iran’s Bank Mellat, will open a new branch in Georgia by the end of the first half of the current Iranian year (Sept. 22), said Bank Mellat’s…
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Bank Mellat Expands Int’l Operations
EghtesadOnline: Bank Mellat, a leading Iranian privatized bank, has fully established corresponding relations with more than 100 lenders worldwide, said an official of the bank.