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Bankmellat

Bank Mellat was formed in accordance with the resolution of Banks General Meeting on Dec.20,1979 in line with the provisions of article 17 of the Banks Management Act , with the initial share capital of 33 billion Rials through the merger of 10 private pre-revolution banks. With the present share capital of 1239 billion Rials , Bank Mellat is the third largest bank within the Islamic Republic of Iran.