Bank Saderat Iran (BSI) is licensed as a commercial bank and commenced operations in Qatar in year 1970 under the aegis of Qatar Central Bank. Bank Saderat Iran is headquartered in Tehran and was founded in 1952. It and is one of largest bank in Iran with 2400 branches with more than 22 thousand staff and 33 million customers. Bank has a network of more than 5000 ATM’s and 860 thousand POS units with cards issued to all customers. BSI endeavors to encourage innovation in banking services in line with its customer oriented marketing strategy. The bank is operating in the fields of International banking and finance through its international network of 26 branches, in 12 countries and territories across Europe, the Middle East and Asia. BSI overseas branch was first established in Hamburg, Germany in 1961, which was followed by opening of other overseas branches including London, Frankfurt, Paris, Athens, Ashgabat, Muscat, Qatar, (2 branches), UAE (Regional Office & 8 branches), Lebanon (Regional Office & 5 branches). BSI has the full or partial ownership of four subsidiaries and independent overseas bank including BSI, PLC in London.