Post Bank of Iran


Post Bank of Iran is an Iranian bank.

History

Post Bank of Iran was formally established in 2006. It is the eleventh state owned bank in Iran.

International issues

On 6 September 2013, the European General Court in Luxembourg ruled to annul the European Union sanctions in place since 2010 against the bank on grounds of supporting the Iranian nuclear and missile programs, as EU governments had not proved the accusations against the bank. As of 2016, the EU asset freeze was still in effect.