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Bank of Industry and Mine

Iranian banking and financial services corporation From Wikipedia, the free encyclopedia

Bank of Industry and Mine
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Bank of Industry and Mine (Persian: بانک صنعت و معدن, Bānk-e San'at va Ma'dan) is an Iranian government owned specialized bank located in Tehran, Iran. It endeavours to increase economic growth through the development of industry and mining.

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In 2017, A Chinese state-owned investment firm provided a $10 billion credit line for five Iranian banks, including the Bank of Industry and Mine, "in order to support projects in the country".[1] In light of US sanctions, The bank, and its subsidiaries, have had financial dealings with Danish and German Banks.[2][3]

In 2024, IRLeaks carried out a cyberattack on the Iranian banking sector, impacting 20 out of 29 banks, including the Bank of Industry and Mine as well as the Central Bank of Iran. Politico labeled it the "worst attack" in the nation's history.[4]

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