Bank Sepah: Difference between revisions

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== History ==
== History ==
Bank Sepah was officially founded on 4 May 1925, with its first branch in Sepah Street in [[Tehran]]. Initially, an investment of 3,883,950 Iranian Rials was made from the military ranked personnel pension fund and the bank was set to exclusively provide military personnel with financial aids such as loans. With further increase in their domain of services, the headquarters for the bank was moved to a larger building in Homayoon st. Starting on 15 March 1926, with opening of another branch in [[Rasht]], Bank Sepah began providing services not only to the military personnel but to the more general public such as businessmen.<ref name="dne-1">{{Cite web |title=سالروز تاسیس نخستین بانک ایرانی |url=https://donya-e-eqtesad.com/%D8%A8%D8%AE%D8%B4-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-36/877605-%D8%B3%D8%A7%D9%84%D8%B1%D9%88%D8%B2-%D8%AA%D8%A7%D8%B3%DB%8C%D8%B3-%D9%86%D8%AE%D8%B3%D8%AA%DB%8C%D9%86-%D8%A8%D8%A7%D9%86%DA%A9-%D8%A7%DB%8C%D8%B1%D8%A7%D9%86%DB%8C |url-status=live |archive-url=https://web.archive.org/web/20200716140853/https://donya-e-eqtesad.com/%D8%A8%D8%AE%D8%B4-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-36/877605-%D8%B3%D8%A7%D9%84%D8%B1%D9%88%D8%B2-%D8%AA%D8%A7%D8%B3%DB%8C%D8%B3-%D9%86%D8%AE%D8%B3%D8%AA%DB%8C%D9%86-%D8%A8%D8%A7%D9%86%DA%A9-%D8%A7%DB%8C%D8%B1%D8%A7%D9%86%DB%8C |archive-date=2020-07-16 |access-date=2020-07-16 |website=donya-e-eqtesad.com}}</ref>
Bank Sepah was officially founded on 4 May 1925, with its first branch in Sepah Street in [[Tehran]]. Initially, an investment of 3,883,950 Iranian Rials was made from the military ranked personnel pension fund and the bank was set to exclusively provide military personnel with financial aids such as loans. With further increase in their domain of services, the headquarters for the bank was moved to a larger building in Homayoon Street. Starting on 15 March 1926, with opening of another branch in [[Rasht]], Bank Sepah began providing services not only to the military personnel but to the more general public such as businessmen.<ref name="dne-1">{{Cite web |title=سالروز تاسیس نخستین بانک ایرانی |url=https://donya-e-eqtesad.com/%D8%A8%D8%AE%D8%B4-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-36/877605-%D8%B3%D8%A7%D9%84%D8%B1%D9%88%D8%B2-%D8%AA%D8%A7%D8%B3%DB%8C%D8%B3-%D9%86%D8%AE%D8%B3%D8%AA%DB%8C%D9%86-%D8%A8%D8%A7%D9%86%DA%A9-%D8%A7%DB%8C%D8%B1%D8%A7%D9%86%DB%8C |url-status=live |archive-url=https://web.archive.org/web/20200716140853/https://donya-e-eqtesad.com/%D8%A8%D8%AE%D8%B4-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-36/877605-%D8%B3%D8%A7%D9%84%D8%B1%D9%88%D8%B2-%D8%AA%D8%A7%D8%B3%DB%8C%D8%B3-%D9%86%D8%AE%D8%B3%D8%AA%DB%8C%D9%86-%D8%A8%D8%A7%D9%86%DA%A9-%D8%A7%DB%8C%D8%B1%D8%A7%D9%86%DB%8C |archive-date=2020-07-16 |access-date=2020-07-16 |website=donya-e-eqtesad.com}}</ref>


Sepah migrated to core banking solution.<ref>{{Cite web |title=مهاجرت بانک سپه به کربنکینگ داتین آغاز شد - پیوست |date=9 July 2020 |url=https://peivast.com/p/80557 |url-status=live |archive-url=https://web.archive.org/web/20201021192410/https://peivast.com/p/80557 |archive-date=2020-10-21 |access-date=2021-05-24}}</ref><ref>{{Cite web |title=بهره برداری از راهکار جامع بانکی داتین در بانک سپه آغاز شد |url=https://www.dotin.ir/resources/HTML/News64.html |url-status=live |archive-url=https://web.archive.org/web/20210117002725/https://www.dotin.ir/resources/HTML/News64.html |archive-date=2021-01-17 |access-date=2021-05-24}}</ref>
Sepah migrated to core banking solution.<ref>{{Cite web |title=مهاجرت بانک سپه به کربنکینگ داتین آغاز شد - پیوست |date=9 July 2020 |url=https://peivast.com/p/80557 |url-status=live |archive-url=https://web.archive.org/web/20201021192410/https://peivast.com/p/80557 |archive-date=2020-10-21 |access-date=2021-05-24}}</ref><ref>{{Cite web |title=بهره برداری از راهکار جامع بانکی داتین در بانک سپه آغاز شد |url=https://www.dotin.ir/resources/HTML/News64.html |url-status=live |archive-url=https://web.archive.org/web/20210117002725/https://www.dotin.ir/resources/HTML/News64.html |archive-date=2021-01-17 |access-date=2021-05-24}}</ref>
==Hack==
{{Main article|Codebreakers attack on Bank Sepah}}
In 2025 [[Codebreakers attack on Bank Sepah|Codebreakers hackers released]] entire 42 million database records of bank sepah from upto 1925.<ref>https://digiato.com/iran-technology-news/sepah-bank-denies-hacking-claims</ref> Bank Sepah threatened people who post the bank data legal action as hackers released list of top richest people in Iranian Islamic Republic military which own the large portion of bank share.<ref>https://digiato.com/iran-technology-news/ban-on-publishing-sepah-bank-hack-news</ref>
List of people includes highest Bank Sepah saving accounts
*Abbas Gul Mohammadi 768 billion toman<ref>https://news.gooya.com/2025/03/post-96628.php</ref>
*IRGC General Hassan Polark 634bn toman<ref>https://www.independentpersian.com/node/413638/%D8%B3%DB%8C%D8%A7%D8%B3%DB%8C-%D9%88-%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9%DB%8C/%D8%AA%D9%87%D8%AF%DB%8C%D8%AF-%D9%87%DA%A9%D8%B1%D9%87%D8%A7-%D9%88-%D8%A7%D9%86%DA%A9%D8%A7%D8%B1-%D8%A8%D8%A7%D9%86%DA%A9%D8%9B-%D8%A7%D9%81%D8%B4%D8%A7%DB%8C-%D9%81%D9%87%D8%B1%D8%B3%D8%AA-%D9%85%DB%8C%D9%84%DB%8C%D8%A7%D8%B1%D8%AF%D8%B1%D9%87%D8%A7%DB%8C-%D8%B3%D8%B1%D8%B4%D9%86%D8%A7%D8%B3-%D8%AF%D8%B1-%D8%A8%D8%A7%D9%86%DA%A9-%D8%B3%D9%BE%D9%87</ref>
*Alireza Arash 408 billion
*Muhammad Baradaran 321billion toman
*Nader Ghaffari 243 billion toman
*Rasol Sirati (military drone manufacturer) 235 billion toman
*Leila Kazemi 192billion toman
*Amirhossein Fadaei 179billion toman
*Alireza Mohammadi 162 billion toman
*Kazem Qalmaji owner of Ghalamchi schools 161 billion toman
*Gholamreza Shaker 159 billion toman
*Syed Jalil Hasheminia 150 billion toman
*Hassan Mehdizadeh 150 billion toman
*Parviz Kochi Shlamani 150 billion toman


==US, UN sanctions==
==US, UN sanctions==
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==See also==
==See also==
*[[Banking and Insurance in Iran]]
*[[Banking and insurance in Iran]]
*[[Bank Sepah breach]]
*[[Codebreakers attack on Bank Sepah]]
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==External links==
==External links==
{{Commons category-inline}}
{{Commons category-inline}}
 
{{Banks of Iran|state=expanded}}
{{Authority control}}
{{Authority control}}



Revision as of 16:43, 17 June 2025

Template:Short description Template:Multiple issues Script error: No such module "Infobox".Template:Template otherTemplate:Main otherScript error: No such module "Check for clobbered parameters".Script error: No such module "Check for unknown parameters". Bank Sepah (Template:Langx, Bānke Sepah) is an Iranian bank. It was established in 1925 as the first Iranian bank. Its first branch, in Tehran, opened that year. The bank also has branches in Frankfurt, Paris and Rome as well as a subsidiary, Bank Sepah International plc, in London.[1] Sepah Bank has recently merged four other Iranian banks and one credit institution: Ansar Bank, Mehr Eghtesad Bank, Hekmat Iranian Bank, Ghavamin Bank and Kosar Credit Institution.Script error: No such module "Unsubst". The Omid Bank app is product of Bank Sepah.[2][3]

History

Bank Sepah was officially founded on 4 May 1925, with its first branch in Sepah Street in Tehran. Initially, an investment of 3,883,950 Iranian Rials was made from the military ranked personnel pension fund and the bank was set to exclusively provide military personnel with financial aids such as loans. With further increase in their domain of services, the headquarters for the bank was moved to a larger building in Homayoon Street. Starting on 15 March 1926, with opening of another branch in Rasht, Bank Sepah began providing services not only to the military personnel but to the more general public such as businessmen.[4]

Sepah migrated to core banking solution.[5][6]

US, UN sanctions

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Sanctions were imposed on Bank Sepah by the United States on 9 January 2007, due to Iran's suspected nuclear weapons program.[7] The United States claimed that the bank assisted Iran in developing missiles that could carry nuclear weapons.[8] and all its branches and subsidiaries in Italy, UK, France and Germany[9] will have their assets frozen by the United States in order to prevent Iran from constructing nuclear weapons.[8] The official website[10] of Bank Sepah in Iran reacted by mentioning the American resolution "fabricated statements based on purely hypothetical pretext, made out of political inducements" and promised that the bank will "continue with its efficient performance with due observance of internal and international regulations as before."

On the same basis, further sanctions have also been imposed by the United Nations through Resolution 1747 of 29 March 2007 coinciding with the arrest by the Iranian Government of some British army personnel in the Persian Gulf.

In early 2016, following the talks of P5+1 with Iran on the Nuclear program of Iran, and the resultant Joint Comprehensive Plan of Action, sanctions against Bank Sepah were lifted.

See also

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References

  1. Financial Services Forecast, Economist Intelligence Unit, August 18, 2008
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  8. a b http://www.mercurynews.com/mld/mercurynews/news/politics/16420611.htm Template:Dead link
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External links

Template:Commons category-inline Template:Banks of Iran Template:Authority control