 | |
| Company type | State-owned enterprise |
|---|---|
| Industry | Banking Financial services Investment services |
| Founded | 1983 |
| Headquarters | Tehran, Iran |
Area served | Iran |
Key people | (CEO) |
| Products | Finance and insurance Consumer banking Corporate banking Investment banking Investment management Global wealth management Private equity Mortgage loans Credit cards |
| Website | www.bim.ir |
Bank of Industry and Mine (Persian: بانک صنعت و معدن, Bank Sana't-e ve Ma'dæn) is an Iranian government owned specialized bank located in Tehran, Iran. It endeavours to increase economic growth through the development of industry and mining.
In 2017, A Chinese state-owned investment firm provided a $10 billion credit line for five Iranian banks, including the Bank of Industry and Mine, "in order to support projects in the country".[1] In light of US sanctions, The bank, and its subsidiaries, have had financial dealings with Danish and German Banks.[2][3]
In 2024, IRLeaks carried out a cyberattack on the Iranian banking sector, impacting 20 out of 29 banks, including the Bank of Industry and Mine as well as the Central Bank of Iran. Politico labeled it the "worst attack" in the nation's history.[4]
- ^ "Tehran Bucks US Sanctions As China Gives $10 Billion Credit Line To Five Iranian Banks". caspiannews.com. Retrieved 2022-10-20.
- ^ "Iran Signs €500 Million Finance Deal with Denmark". Financial Tribune. 2017-09-20. Retrieved 2022-10-20.
- ^ "Germany allows US sanctioned Iranian 'terror' banks to operate". The Jerusalem Post | JPost.com. 8 April 2020. Retrieved 2022-10-20.
- ^ "Iran pays millions in ransom to end massive cyberattack on banks, officials say". POLITICO. 2024-09-04. Retrieved 2024-09-09.