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An overview of Bank Saderat Iran

Bank Saderat Iran was established in 1952 with the main objective to provide efficient and modern banking and is well reputed for the excellent services it is offering to customers throughout the world. Since the inception, BSI has expanded its network vigorously and established about 1800 branches in Iran and abroad. Approximately 20000 employees, the Bank has one of the largest Banking Network in Iran and the Middle East. BSI with its competent and innovative Management has used its extensive marketing skills to acquire a leading position in the retail banking area and has played a significant role in the development of economy & growth of the production in Industry, Trade, Agriculture and other services.

As a private bank, Bank Saderat Iran, from the very beginning endeavored to encourage innovation in banking services and respect customers and managed to attract a large amount of liquidity in a short period of time. Within a few years after its establishment, the first Bank Saderat Iran overseas branch launched its operation in Hamburg, Germany which was followed by opening of other overseas branches.

Bank Saderat Iran (BSI-UAE) commenced its activity in the UAE on 1968 (Bur Dubai Branch) and now there are 8 branches in the UAE (Al Maktoum Road, Murshid Bazar, Shaikh Zayed Road, Bur Dubai, Sharjah, Ajman, Abu Dhabi and Al Ain branches) plus 2 branches in Muscat and 2 others in Doha which are all under supervision of Bank Saderat Iran (BSI-UAE) Regional Office, located in Dubai, UAE

Bank Saderat Iran (BSI-UAE) – UAE is mostly involved in trade financing in order to facilitate the trade between Islamic Republic of Iran and the United Arab Emirates. Therefore Bank Saderat Iran (BSI-UAE) strategically stands as one of the main banks that finance mutual country trade finance activities.