Ayandeh Bank, which offers retail and commercial services such as accepting deposits, making business loans, and offering basic investment products, was established in which city?
Commercial bank A commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products. Commercial bank can also refer to a bank, or a division of a large bank, which more specifically deals with deposit and loan services provided to corporations or large/middle-sized business - as opposed to individual members of the public/small business - retail banking, or merchant banks.
Bank of Industry and Mine Bank of Industry and Mine (Persian: بانک صنعت و معدن‎ ‎ ) is an Iranian government owned specialized bank located in Tehran, Iran. It endeavours to increase economic growth through the development of industry and mining. Its purpose is to be an economic enterprise, providing banking facilities, development and investment in order to advance Iran’s economy. It aims to promote the participation of the private sector in the fields of industry, mining, modern technologies and their associated services.