Middle East Bank (MEB) was established by a group of bankers, businessmen, and industrialists based on their evaluation of the present banking system in Iran, their projections for its future potential, and of consideration of its regional opportunities. MEB’s application for the banking license was submitted to the Central Bank in 2010.
The proposed Articles of Association of the Middle East (Khavarmianeh) Bank (MEB) was ratified by the Currency and Credit Council on 17 May 2011. After this major chapter in the course of formation of the Bank, potential founding shareholders were identified and their credentials reviewed and approved by various departments of the Central Bank of the Islamic Republic of Iran
- Client: ME Bank
- Date: November 20, 2012
- URL: http://en.middleeastbank.ir
How we work and what we stand for is vital to us as a business, and is the cornerstone of our relationship with clients.
MEB operates primarily as a wholesale bank, focusing mainly on corporate clients and specialized credit products.
The Middle East Bank was officially incorporated on 21st of October, 2012, under registration number 430795 as “Bank Khavarmianeh Company” with the Companies Registrar Office of Tehran.
MEB was authorized to begin its operations on the 1st of November, 2012 and its shares were listed on FARA-Bourse (Tehran’s over-the-counter exchange) on 26th of December, 2012. On the 16th of March 2015, its shares are listed on the Tehran Stock Exchanges main market.