Bank Keshavarzi (, Bānk-e-Keshāvarzi), (meaning: Bank of Agriculture) also known as Agribank, is a major Iranian banking establishment offering retail and commercial services. The company was established in 1933 and as a Farming and Industrial Bank. Currently, the bank serves as the only specialized financial institution in the agricultural sector that holds over 1800 branches nationwide and finances nearly 70% of the Iranian agricultural sector.[3]
While established in Tehran, the bank operates throughout the nation with over 16,000 employees and 1800 branches.[2] The bank currently specializes in providing credit facilities for agricultural development and other rural development activities.[4]
Operations
The bank currently operates throughout the country, housing a total of 1800 branches. In addition to offering short and fixed deposit accounts for domestic and overseas clients, the bank provides letters of credit, treasury, currency exchange, corporate loans syndication, financial advisory and electronic banking services.