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About: Kardan Investment Bank     Goto   Sponge   NotDistinct   Permalink

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Type: Thingcompanyschema:BankOrCreditUnionschema:Organizationdul:Agentdul:SocialPersonagentwikidata:Q24229398OrganizationBusiness enterprisebankorganisation New Facet based on Instances of this Class

Kardan investment bank (Persian: شرکت تأمین سرمایه کاردان, Shirkat-e Tamin-e Sirmayeh-e Kardan) is a full-fledged investment bank based in Tehran, Iran. Kardan is licensed and regulated by the country’s Securities and Exchange Organization (SEO).The formation of Kardan Investment Bank started in January 2011. The Bank received its license from SEO in June 2013. The company’s capital initially set at IRR1 Trillion ($40 million) was raised to IRR2 Trillion (about $80 million) when license was granted. The company is poised to execute cross-border deals and is sponsored and owned by three commercial banks, Tejarat (the country’s third largest bank), Saman and Middle East. Kardan board of directors is chaired by Wisconsin university graduate and a prominent banker Dr. (Chairman) who spearhe