Persia International Bank started its operations in London in April 2002 following the merger of London branches of Bank Mellat and Bank Tejarat. Persia International Bank provides retail and corporate banking products and services to individuals and business clients. Trade and project finance, commercial loans, overdraft facilities, foreign exchange facilities, money transfer service, current and deposit accounts are available for business clients; current, deposit and savings accounts, money transfer service, foreign exchange facilities are available for individuals.
Persia International Bank plc is the 175th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 184,32 mln EUR, providing the bank with the market share of 0.00%. In 2018 the bank's annual profit was -5,55 mln EUR.
Persia International Bank plc participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Persia International Bank plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Persia International Bank plc is headquartered in London.
Persia International Bank plc is authorized and supervised by the Financial Conduct Authority (reference number 208020).