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.
Imperial Bank of Persia The Imperial Bank of Persia (Persian: بانک شاهنشاهی ایران‎ ‎ ; Bank-e Šâhanšâhi-ye Irân) was a British bank that operated as the state bank and bank of issue in Iran (formerly known as Persia until the 1930s) between 1889 and 1929. It was established in 1885 with a concession from the Persian government to Baron Julius De Reuter (born Israel Beer Josaphat) a German–Jewish banker and businessman who later became a British subject.